✅ 4-Hour Trend Analysis
From the 4-hour timeframe, the current price has already moved back above MA5 (4037), MA10 (4025), and the BOLL midline / MA20 (4028), indicating that short-term bullish momentum has clearly strengthened. The market has shifted from a low-level weak bearish structure into a rebound recovery structure.
On the 4-hour chart, the upper Bollinger Band is around 4105, while the previous high resistance is near 4115. This shows that after the rapid rally, gold has already entered a short-term resistance area. Therefore, we should not blindly chase long positions at the current level. The key is to watch whether the 4065–4050 area can turn from previous resistance into support.
✅ 1-Hour Trend Analysis
From the 1-hour chart, gold previously broke strongly above MA5, MA10, MA20 / BOLL midline with a large bullish candle, reaching a high of 4115.71, which indicates that short-term buying momentum increased rapidly.
At present, the price has pulled back to the previous key resistance area around 4065. This is currently the key battleground between bulls and bears. If the price can hold above 4065–4070, there is still a chance for gold to continue testing 4080 → 4090 → 4105 in the short term. However, if the price breaks below 4065 and further falls below 4050, it would indicate that the short-term rebound momentum is weakening, and the market may enter a corrective pullback phase.
🔴 Key Resistance Levels
● 4080–4096: Short-term resistance
● 4115–4124: Strong resistance zone
● 4150–4185: Structural resistance zone
🟢 Key Support Levels
● 4065–4050: Short-term key support zone
● 4037–4028: First support zone below
● 4016–4004: Defensive support zone for pullbacks
● 3975–3943: Key previous-low defense zone
✅ Trading Strategy Reference
🔰 Bullish Strategy: Wait for a pullback that holds before entering short-term longs
👉 Aggressive buy zone: 4065–4050
👉 Conservative buy zone: 4037–4028
🎯 Targets: 4080 → 4090 → 4105
After breaking above 4105, gold may continue toward 4115 → 4124
🔰 Bearish Strategy: Watch for short opportunities at resistance
👉 Sell zone 1: 4090–4105
👉 Sell zone 2: 4115–4124
🎯 Targets: 4080 → 4065 → 4050
If gold breaks below 4050, it may continue toward 4037 → 4028
📍 Reasons:
● After the rapid short-term rally, gold is already close to the 4-hour upper Bollinger Band resistance.
● The 1-hour chart pulled back after reaching 4115.71, showing clear selling pressure above.
● If gold fails to regain and hold above 4105–4115, it can easily form a rally-and-drop structure.
🙌 If you find my analysis helpful, please like, share, and stay tuned for future updates. Your support is my motivation to continue sharing professional insights. Wishing everyone smooth trading and steady profits!
From the 4-hour timeframe, the current price has already moved back above MA5 (4037), MA10 (4025), and the BOLL midline / MA20 (4028), indicating that short-term bullish momentum has clearly strengthened. The market has shifted from a low-level weak bearish structure into a rebound recovery structure.
On the 4-hour chart, the upper Bollinger Band is around 4105, while the previous high resistance is near 4115. This shows that after the rapid rally, gold has already entered a short-term resistance area. Therefore, we should not blindly chase long positions at the current level. The key is to watch whether the 4065–4050 area can turn from previous resistance into support.
✅ 1-Hour Trend Analysis
From the 1-hour chart, gold previously broke strongly above MA5, MA10, MA20 / BOLL midline with a large bullish candle, reaching a high of 4115.71, which indicates that short-term buying momentum increased rapidly.
At present, the price has pulled back to the previous key resistance area around 4065. This is currently the key battleground between bulls and bears. If the price can hold above 4065–4070, there is still a chance for gold to continue testing 4080 → 4090 → 4105 in the short term. However, if the price breaks below 4065 and further falls below 4050, it would indicate that the short-term rebound momentum is weakening, and the market may enter a corrective pullback phase.
🔴 Key Resistance Levels
● 4080–4096: Short-term resistance
● 4115–4124: Strong resistance zone
● 4150–4185: Structural resistance zone
🟢 Key Support Levels
● 4065–4050: Short-term key support zone
● 4037–4028: First support zone below
● 4016–4004: Defensive support zone for pullbacks
● 3975–3943: Key previous-low defense zone
✅ Trading Strategy Reference
🔰 Bullish Strategy: Wait for a pullback that holds before entering short-term longs
👉 Aggressive buy zone: 4065–4050
👉 Conservative buy zone: 4037–4028
🎯 Targets: 4080 → 4090 → 4105
After breaking above 4105, gold may continue toward 4115 → 4124
🔰 Bearish Strategy: Watch for short opportunities at resistance
👉 Sell zone 1: 4090–4105
👉 Sell zone 2: 4115–4124
🎯 Targets: 4080 → 4065 → 4050
If gold breaks below 4050, it may continue toward 4037 → 4028
📍 Reasons:
● After the rapid short-term rally, gold is already close to the 4-hour upper Bollinger Band resistance.
● The 1-hour chart pulled back after reaching 4115.71, showing clear selling pressure above.
● If gold fails to regain and hold above 4105–4115, it can easily form a rally-and-drop structure.
🙌 If you find my analysis helpful, please like, share, and stay tuned for future updates. Your support is my motivation to continue sharing professional insights. Wishing everyone smooth trading and steady profits!
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.