Gold is currently in a short-term recovery phase following a sharp sell-off. Price has reclaimed the moving average and is now testing a major horizontal resistance zone around 4400–4410.
This area represents a high-probability decision zone.
Key observations:
• V-shaped recovery after impulsive drop
• Price above the moving average
• Direct interaction with a key resistance level
Key Levels
• Major Support:
4320 – 4340
• Immediate Resistance:
4400 – 4420
• Next Major Resistance:
4540 – 4550
Bullish Scenario (Continuation)
If price:
• Holds above 4400
• Shows acceptance with strong hourly closes
Then bullish continuation becomes the dominant scenario.
Upside Targets:
4420 → 4480 → 4540
Bullish Invalidation:
Hourly close below 4360
Bearish Scenario (Rejection)
If price:
• Fails to break and hold above 4400
• Loses the moving average again
This would indicate a pullback into resistance or a liquidity grab.
Downside Targets:
4350 → 4300
Bearish Invalidation:
Strong hourly close above 4420
Final Takeaway
This is a confirmation zone, not a prediction zone.
Acceptance above resistance favors continuation, rejection favors a controlled pullback.
This area represents a high-probability decision zone.
Key observations:
• V-shaped recovery after impulsive drop
• Price above the moving average
• Direct interaction with a key resistance level
Key Levels
• Major Support:
4320 – 4340
• Immediate Resistance:
4400 – 4420
• Next Major Resistance:
4540 – 4550
Bullish Scenario (Continuation)
If price:
• Holds above 4400
• Shows acceptance with strong hourly closes
Then bullish continuation becomes the dominant scenario.
Upside Targets:
4420 → 4480 → 4540
Bullish Invalidation:
Hourly close below 4360
Bearish Scenario (Rejection)
If price:
• Fails to break and hold above 4400
• Loses the moving average again
This would indicate a pullback into resistance or a liquidity grab.
Downside Targets:
4350 → 4300
Bearish Invalidation:
Strong hourly close above 4420
Final Takeaway
This is a confirmation zone, not a prediction zone.
Acceptance above resistance favors continuation, rejection favors a controlled pullback.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.