On the 4-hour chart, the upper Bollinger Band is tightening under pressure, and price action has repeatedly faced resistance and pulled back after testing highs; the KDJ indicator has formed a bearish cross at high levels and is trending downward, signaling a technical consolidation on the 4-hour timeframe, while the hourly chart shows a weak, oscillating trend in the short term.
Gold Signal Reference: Buying support zone at $4,312–$4,280; resistance zone at $4,357–$4,377.
Gold Signal Reference: Buying support zone at $4,312–$4,280; resistance zone at $4,357–$4,377.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.