📊 Market Overview:
Gold is currently trading around 4,790 USD/oz, slightly down at the start of the week as a stronger USD and rising bond yields reduce gold’s appeal. Renewed U.S.–Iran geopolitical tensions are also adding volatility to the market but have not yet been strong enough to push gold prices higher.
At the moment, the market is in a correction phase after the previous strong rally, with short-term selling pressure dominating.
📉 Technical Analysis:
• Key Resistance:
4,820 – 4,830
4,850 – 4,860
• Nearest Support:
4,760 – 4,750
4,720 – 4,700
• EMA: Price is currently below the EMA 09 on M15–H1, indicating a short-term bearish / corrective bias.
• Candlestick / Volume / Momentum:
Consecutive bearish candles appeared after rejection at 4,830.
Volume is gradually declining → the market is consolidating.
Weak momentum → a breakout could occur during the U.S. session.
📌 Outlook:
Gold may continue to decline in the short term if it breaks 4,760, with the next target around 4,720 – 4,700.
On the other hand, if price holds above 4,750 and climbs back above 4,820, the bullish trend could be reactivated.
💡 Suggested Trading Strategy:
🔻 SELL XAU/USD: 4,820 – 4,825
🎯 TP: 40 / 80 / 200 / 300 pips
❌ SL: 4,829
🔺 BUY XAU/USD: 4,755 – 4,750
🎯 TP: 40 / 80 / 200 / 300 pips
❌ SL: 4,746
Gold is currently trading around 4,790 USD/oz, slightly down at the start of the week as a stronger USD and rising bond yields reduce gold’s appeal. Renewed U.S.–Iran geopolitical tensions are also adding volatility to the market but have not yet been strong enough to push gold prices higher.
At the moment, the market is in a correction phase after the previous strong rally, with short-term selling pressure dominating.
📉 Technical Analysis:
• Key Resistance:
4,820 – 4,830
4,850 – 4,860
• Nearest Support:
4,760 – 4,750
4,720 – 4,700
• EMA: Price is currently below the EMA 09 on M15–H1, indicating a short-term bearish / corrective bias.
• Candlestick / Volume / Momentum:
Consecutive bearish candles appeared after rejection at 4,830.
Volume is gradually declining → the market is consolidating.
Weak momentum → a breakout could occur during the U.S. session.
📌 Outlook:
Gold may continue to decline in the short term if it breaks 4,760, with the next target around 4,720 – 4,700.
On the other hand, if price holds above 4,750 and climbs back above 4,820, the bullish trend could be reactivated.
💡 Suggested Trading Strategy:
🔻 SELL XAU/USD: 4,820 – 4,825
🎯 TP: 40 / 80 / 200 / 300 pips
❌ SL: 4,829
🔺 BUY XAU/USD: 4,755 – 4,750
🎯 TP: 40 / 80 / 200 / 300 pips
❌ SL: 4,746
Trade ist aktiv
Gold is still moving sideways and accumulating, and could see a strong breakout if it breaks above 4,805 or below 4,780.Trade geschlossen: Ziel wurde erreicht
Gold may continue to decline and retest the 4,790–4,780 area if it cannot quickly move back above 4,820, as strong selling pressure emerged after the failed rally to 4,822.
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📊 Forex | Gold | Crypto Market Insights
📰 Real-time news updates & expert analysis
💡 Technical breakdowns & market outlooks
🔗 Join our free group: telegram.me/+DmS-dVFJMm40MDM9
📰 Real-time news updates & expert analysis
💡 Technical breakdowns & market outlooks
🔗 Join our free group: telegram.me/+DmS-dVFJMm40MDM9
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.