XAUUSD / GOLD 4H Sell Limit Projection
Gold is currently recovering after the Evening Star pattern failed near the 3980–4000 region. This bullish recovery may push the price back towards the major resistance zone.
Sell Zone: 4044–4052
This area has strong bearish confluence:
Descending trendline resistance
Resistance R1 and R2
Fair Value Gap (FVG)
Previous rejection zone
We expect price to retest this zone and show bearish rejection before continuing downward.
Stop Loss: 4070.99
Take Profit 1: Around 4027–4028
Take Profit 2: 4001.51
Gold is currently recovering after the Evening Star pattern failed near the 3980–4000 region. This bullish recovery may push the price back towards the major resistance zone.
Sell Zone: 4044–4052
This area has strong bearish confluence:
Descending trendline resistance
Resistance R1 and R2
Fair Value Gap (FVG)
Previous rejection zone
We expect price to retest this zone and show bearish rejection before continuing downward.
Stop Loss: 4070.99
Take Profit 1: Around 4027–4028
Take Profit 2: 4001.51
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.
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.