As the previous analysis worked exactly as predicted,
XAUUSD is eyeing a bearish reversal on the 4-hour chart, with price testing a key resistance zone near recent highs, converging with a downward trendline touch and a potential entry area that could trigger downside momentum if sellers defend against further upside. This setup suggests a pullback opportunity amid the ongoing rally, targeting lower support levels with approximately 1:5.5 risk-reward.🔥
Entry between 4900–4950 for a short position (entry from current price with proper risk management is recommended)🎯. Target at 4360. Set a stop loss at a daily close above 5000, yielding a risk-reward ratio of approximately 1:5.5. Monitor for confirmation via a bearish candle close below entry with rising volume, leveraging gold's volatility near highs.🌟
Fundamentally, gold is trading around $4,933 in early February 2026, with key US Dollar events this week potentially strengthening USD if data beats expectations, pressuring gold lower. On February 3 at 10:00 AM ET, Job Openings and Labor Turnover Survey(JOLTS) for December is due, where stronger figures could bolster USD amid labor resilience. February 4 at 8:15 AM ET brings ADP Employment Change (Jan, forecast 41K), signaling private hiring trends. February 6 at 8:30 AM ET features theEmployment Report (Jan, forecast 50K Non-Farm Payrolls, 4.4% Unemployment Rate), the week's highlight—robust data could favor USD strength. 💡
📝 Trade Setup
🎯 Entry (Short):
4900 – 4950
(Entry from current price is valid with proper risk & position sizing.)
🎯 Target:
• 4360
❌ Stop Loss:
• Daily close above 5000
⚖️ Risk-to-Reward:
• ~ 1:5.5
💡 Your view?
Is this the start of a deeper correction toward 4360, or will gold break above 5000 and continue its parabolic run? 👇
Entry between 4900–4950 for a short position (entry from current price with proper risk management is recommended)🎯. Target at 4360. Set a stop loss at a daily close above 5000, yielding a risk-reward ratio of approximately 1:5.5. Monitor for confirmation via a bearish candle close below entry with rising volume, leveraging gold's volatility near highs.🌟
Fundamentally, gold is trading around $4,933 in early February 2026, with key US Dollar events this week potentially strengthening USD if data beats expectations, pressuring gold lower. On February 3 at 10:00 AM ET, Job Openings and Labor Turnover Survey(JOLTS) for December is due, where stronger figures could bolster USD amid labor resilience. February 4 at 8:15 AM ET brings ADP Employment Change (Jan, forecast 41K), signaling private hiring trends. February 6 at 8:30 AM ET features theEmployment Report (Jan, forecast 50K Non-Farm Payrolls, 4.4% Unemployment Rate), the week's highlight—robust data could favor USD strength. 💡
📝 Trade Setup
🎯 Entry (Short):
4900 – 4950
(Entry from current price is valid with proper risk & position sizing.)
🎯 Target:
• 4360
❌ Stop Loss:
• Daily close above 5000
⚖️ Risk-to-Reward:
• ~ 1:5.5
💡 Your view?
Is this the start of a deeper correction toward 4360, or will gold break above 5000 and continue its parabolic run? 👇
Transaction en cours
Trade was activatedNote
It is still valid because it has not closed above 5000. But, be carful !Publications connexes
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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.
Publications connexes
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.
