📊 Summary:
Today, focus on whether the 4000 support level can hold. If price breaks below 4000, gold may move back into the 3960–4000 consolidation range.
For now, the market remains range-bound, making it more favorable to sell near resistance and buy near support. A break and hold above the 4044–4050 resistance zone would signal that bullish momentum is gradually returning, shifting the strategy to buying pullbacks where support holds.
Until price reclaims 4022, the preferred strategy remains selling pullbacks where resistance holds. At the same time, keep a close eye on the 4000 support level, as it may offer an attractive risk-to-reward long opportunity if it continues to hold.
🔍 Key Levels to Watch:
• 4080 – Resistance
• 4067 – Resistance
• 4044–4050 – Resistance
• 4022 – Resistance
• 4000 – Support
• 3974 – Support
• 3960 – Support
• 3929 – Support
📈 Intraday Strategy:
SELL: If price breaks below 4000 → target 3994, with further downside toward 3990, 3984, 3980
BUY: If price holds above 4022 → target 4026, with further upside toward 4030, 4036, 4044
If you find this helpful or traded using this plan, a like would mean a lot and keep me motivated. Thanks for the support!
Today, focus on whether the 4000 support level can hold. If price breaks below 4000, gold may move back into the 3960–4000 consolidation range.
For now, the market remains range-bound, making it more favorable to sell near resistance and buy near support. A break and hold above the 4044–4050 resistance zone would signal that bullish momentum is gradually returning, shifting the strategy to buying pullbacks where support holds.
Until price reclaims 4022, the preferred strategy remains selling pullbacks where resistance holds. At the same time, keep a close eye on the 4000 support level, as it may offer an attractive risk-to-reward long opportunity if it continues to hold.
🔍 Key Levels to Watch:
• 4080 – Resistance
• 4067 – Resistance
• 4044–4050 – Resistance
• 4022 – Resistance
• 4000 – Support
• 3974 – Support
• 3960 – Support
• 3929 – Support
📈 Intraday Strategy:
SELL: If price breaks below 4000 → target 3994, with further downside toward 3990, 3984, 3980
BUY: If price holds above 4022 → target 4026, with further upside toward 4030, 4036, 4044
If you find this helpful or traded using this plan, a like would mean a lot and keep me motivated. Thanks for the support!
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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.