🌐Hello traders! I’m Jack Blackwell, with 15 years of experience in analysis and trading in the futures and forex markets. Below are my technical analysis views based on the current XAUUSD (4H and 1H timeframes) chart structure.
✅ 4-Hour Trend Analysis
From the 4-hour timeframe, gold remains in an overall bearish structure, with lower highs and lower lows. The price has recently rebounded to around 4080, which is both near the descending trendline and an important resistance area for the current rebound. If gold fails to break above and stabilize in this zone, the 4-hour trend may weaken again and retest lower support levels. Only a clear breakout above 4075–4085, followed by stabilization above 4109, would significantly weaken the bearish structure on the 4-hour timeframe.
✅ 1-Hour Trend Analysis
From the 1-hour chart, gold is approaching the upper Bollinger Band near 4072, while facing resistance in the 4070–4080 area. If the price can hold above 4046–4050, the short-term trend may retest 4072–4080. If it breaks above and stabilizes above 4080, the rebound may extend toward 4097–4109.
On the other hand, if the price falls back below 4046 and then loses 4032–4035, it would indicate that the 1-hour rebound momentum is weakening, and gold may retest the 4015–4000 area.
🔴 Key Resistance Levels
● 4065–4080: Short-term resistance zone
● 4097–4109: Structural resistance zone
● Around 4136: Major upper resistance zone
🟢 Key Support Levels
● 4046–4050: Moving-average support zone
● 4032–4020: 1-hour support zone
● 4014–4000: Key support zone
● 3980–3970: Structural support zone
✅ Trading Strategy Reference
🔰 Short Position Strategy
👉 Sell Zone 1: 4068–4078
👉 Sell Zone 2: 4095–4105
🎯 Take-Profit Targets: 4050 → 4035 → 4015
⚠️ If gold breaks above 4080 and remains stable, short-term bearish pressure will weaken, and it is not advisable to continue chasing short positions. If the price further breaks above 4097–4109, the rebound may continue to expand.
🔰 Long Position Strategy
👉 Buy Zone 1: 4050–4045
👉 Buy Zone 2: 4035–4028
🎯 Take-Profit Targets: 4065 → 4075 → 4097 → 4109
⚠️ If the price clearly breaks below 4030, the short-term rebound structure will be damaged. If gold further loses the 4014–4000 support zone, the price may retest the 3989–3983 area.
🔔 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!
✅ 4-Hour Trend Analysis
From the 4-hour timeframe, gold remains in an overall bearish structure, with lower highs and lower lows. The price has recently rebounded to around 4080, which is both near the descending trendline and an important resistance area for the current rebound. If gold fails to break above and stabilize in this zone, the 4-hour trend may weaken again and retest lower support levels. Only a clear breakout above 4075–4085, followed by stabilization above 4109, would significantly weaken the bearish structure on the 4-hour timeframe.
✅ 1-Hour Trend Analysis
From the 1-hour chart, gold is approaching the upper Bollinger Band near 4072, while facing resistance in the 4070–4080 area. If the price can hold above 4046–4050, the short-term trend may retest 4072–4080. If it breaks above and stabilizes above 4080, the rebound may extend toward 4097–4109.
On the other hand, if the price falls back below 4046 and then loses 4032–4035, it would indicate that the 1-hour rebound momentum is weakening, and gold may retest the 4015–4000 area.
🔴 Key Resistance Levels
● 4065–4080: Short-term resistance zone
● 4097–4109: Structural resistance zone
● Around 4136: Major upper resistance zone
🟢 Key Support Levels
● 4046–4050: Moving-average support zone
● 4032–4020: 1-hour support zone
● 4014–4000: Key support zone
● 3980–3970: Structural support zone
✅ Trading Strategy Reference
🔰 Short Position Strategy
👉 Sell Zone 1: 4068–4078
👉 Sell Zone 2: 4095–4105
🎯 Take-Profit Targets: 4050 → 4035 → 4015
⚠️ If gold breaks above 4080 and remains stable, short-term bearish pressure will weaken, and it is not advisable to continue chasing short positions. If the price further breaks above 4097–4109, the rebound may continue to expand.
🔰 Long Position Strategy
👉 Buy Zone 1: 4050–4045
👉 Buy Zone 2: 4035–4028
🎯 Take-Profit Targets: 4065 → 4075 → 4097 → 4109
⚠️ If the price clearly breaks below 4030, the short-term rebound structure will be damaged. If gold further loses the 4014–4000 support zone, the price may retest the 3989–3983 area.
🔔 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!
✅ Real-time professional trading guidance
✅ Clear and well-structured trading strategies
✅ 3–5 carefully selected trading signals per day
✅ Daily profit target of 500–1,000 pips
💎 VIP Guidance Channel：t.me/+CR7q5ko39YNjOWRl
✅ Clear and well-structured trading strategies
✅ 3–5 carefully selected trading signals per day
✅ Daily profit target of 500–1,000 pips
💎 VIP Guidance Channel：t.me/+CR7q5ko39YNjOWRl
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.
✅ Real-time professional trading guidance
✅ Clear and well-structured trading strategies
✅ 3–5 carefully selected trading signals per day
✅ Daily profit target of 500–1,000 pips
💎 VIP Guidance Channel：t.me/+CR7q5ko39YNjOWRl
✅ Clear and well-structured trading strategies
✅ 3–5 carefully selected trading signals per day
✅ Daily profit target of 500–1,000 pips
💎 VIP Guidance Channel：t.me/+CR7q5ko39YNjOWRl
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.