Gold is trading near $4432, showing strong bearish momentum with most indicators and moving averages signaling SELL.
Key Levels
Support: 4424 → 4405 → 4393
Resistance: 4455 → 4467 → 4486
Scenarios
Bearish (Primary):
Below 4455 → targets 4425 & 4405
Bullish (Weak):
Above 4455 breakout → targets 4467+
Strategy (Intraday)
Sell on Rise (Preferred)
Entry: 4440–4450
TP: 4425 / 4405
SL: 4465
Conclusion
Trend is bearish, focus on sell trades unless breakout happens.
_⚠️ Disclaimer : For educational purposes only. Trade with proper risk management._
Key Levels
Support: 4424 → 4405 → 4393
Resistance: 4455 → 4467 → 4486
Scenarios
Bearish (Primary):
Below 4455 → targets 4425 & 4405
Bullish (Weak):
Above 4455 breakout → targets 4467+
Strategy (Intraday)
Sell on Rise (Preferred)
Entry: 4440–4450
TP: 4425 / 4405
SL: 4465
Conclusion
Trend is bearish, focus on sell trades unless breakout happens.
_⚠️ Disclaimer : For educational purposes only. Trade with proper risk management._
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.