Gold has transitioned from a strong impulsive decline into a structured recovery phase on the 4H timeframe. The recent price action shows a clear shift in momentum, with buyers stepping in after the sharp sell-off and gradually reclaiming control.
The move higher is developing in a controlled manner, suggesting accumulation rather than exhaustion. Price is currently forming a short-term corrective structure after the initial push, indicating a pause before the next potential leg higher.
This type of price behaviour typically reflects a continuation setup, where the market builds liquidity before expanding in the direction of the emerging trend. The projected path highlights a possible dip followed by a stronger bullish push, aligning with the evolving structure.
As long as momentum remains supported through these higher lows, the outlook favors further upside expansion once the current consolidation completes.
Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.
The move higher is developing in a controlled manner, suggesting accumulation rather than exhaustion. Price is currently forming a short-term corrective structure after the initial push, indicating a pause before the next potential leg higher.
This type of price behaviour typically reflects a continuation setup, where the market builds liquidity before expanding in the direction of the emerging trend. The projected path highlights a possible dip followed by a stronger bullish push, aligning with the evolving structure.
As long as momentum remains supported through these higher lows, the outlook favors further upside expansion once the current consolidation completes.
Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.
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כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
Learn how to trade correctly with We Trade Waves. Wave analysis, psychology & mentorship that works! 🌍 45K+ YouTube subs, 600+ 5⭐ reviews
Don’t waste more time and money
Join WTW Pro Now 👉 wetradewaves.com
WTW Team
Don’t waste more time and money
Join WTW Pro Now 👉 wetradewaves.com
WTW Team
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.