Gold has shifted into a short-term bullish structure after a CHoCH, with price holding above the rising trendline support. The market is consolidating near support while maintaining higher lows, suggesting potential continuation to the upside.
Bullish continuation: if price holds the 4,485–4,465 support zone, it may continue higher toward the 4,600 weekly high resistance.
Deeper pullback: a break below support could lead to a retracement into the 4,420 demand zone (order block + FVG) before a potential rebound.
Key levels
Resistance: 4,600 (weekly high
Current resistance area: ~4,500
Support zone: 4,485–4,465
Lower demand zone: ~4,420
Short-term bullish while above 4,465, with upside targets in focus.
This is a technical analysis idea for educational purposes, not financial advice.
Bullish continuation: if price holds the 4,485–4,465 support zone, it may continue higher toward the 4,600 weekly high resistance.
Deeper pullback: a break below support could lead to a retracement into the 4,420 demand zone (order block + FVG) before a potential rebound.
Key levels
Resistance: 4,600 (weekly high
Current resistance area: ~4,500
Support zone: 4,485–4,465
Lower demand zone: ~4,420
Short-term bullish while above 4,465, with upside targets in focus.
This is a technical analysis idea for educational purposes, not financial advice.
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Pubblicazioni correlate
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