Following the strong bullish breakout earlier this week, gold is now retracing after tapping the 4160 supply zone. Price is trading below the short-term descending trendline, suggesting that bullish momentum is fading and a deeper pullback toward nearby demand is becoming more likely.
For the US session, the preferred scenario is to sell rallies into resistance while price remains below the descending trendline. A move back into the 4067–4070 demand zone could provide the next reaction area before buyers attempt another recovery.
☑️ Primary Scenario – Bearish Pullback
Price remains below the short-term descending trendline.
4110–4113 acts as the first intraday resistance.
Look for bearish confirmation before entering short positions.
Target 1: 4067
Target 2: 4055–4060 (if selling pressure accelerates)
☑️ Alternative Scenario – Bullish Recovery
Price breaks and closes above 4113 with strong momentum.
The descending trendline is invalidated.
Gold could retest the 4145–4160 supply zone.
Demand Zone
4067 – 4070
Nearest Resistance Zone
4110 – 4113
Session Bias
🔴 Bearish Pullback
As long as gold trades below the descending trendline and fails to reclaim 4113, rallies are viewed as selling opportunities toward the nearby demand zone.
For the US session, the preferred scenario is to sell rallies into resistance while price remains below the descending trendline. A move back into the 4067–4070 demand zone could provide the next reaction area before buyers attempt another recovery.
☑️ Primary Scenario – Bearish Pullback
Price remains below the short-term descending trendline.
4110–4113 acts as the first intraday resistance.
Look for bearish confirmation before entering short positions.
Target 1: 4067
Target 2: 4055–4060 (if selling pressure accelerates)
☑️ Alternative Scenario – Bullish Recovery
Price breaks and closes above 4113 with strong momentum.
The descending trendline is invalidated.
Gold could retest the 4145–4160 supply zone.
Demand Zone
4067 – 4070
Nearest Resistance Zone
4110 – 4113
Session Bias
🔴 Bearish Pullback
As long as gold trades below the descending trendline and fails to reclaim 4113, rallies are viewed as selling opportunities toward the nearby demand zone.
Emma Diamond | Gold Scalping & Market Analysis
Sharing macro insights, XAUUSD trend analysis, and high-probability scalping setups with disciplined risk management.
t.me/+tQGX4PFCCF0zMzI9
Sharing macro insights, XAUUSD trend analysis, and high-probability scalping setups with disciplined risk management.
t.me/+tQGX4PFCCF0zMzI9
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Emma Diamond | Gold Scalping & Market Analysis
Sharing macro insights, XAUUSD trend analysis, and high-probability scalping setups with disciplined risk management.
t.me/+tQGX4PFCCF0zMzI9
Sharing macro insights, XAUUSD trend analysis, and high-probability scalping setups with disciplined risk management.
t.me/+tQGX4PFCCF0zMzI9
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.