Oro / Dollaro
Long

Will gold continue to fall at the start of the new year?

210
1️⃣ Trendline

Primary short-term trend: Bearish.
→ Price is trading below the descending trendline and below the EMA, sellers remain in control.

Structure: Weak technical rebound after a strong dump → lower high has formed, not enough conditions for a reversal.

Preferred scenario: Sell with the trend, buy only as a reactive trade at strong support.

2️⃣ Fibonacci

0.618: ~ 4,350 – 4,352 → Confluence with support.

1.0: ~ 4,376 – 4,378 → Strong resistance, confluence of supply zone + EMA + descending trendline.

➡️ As long as price fails to break above 1.0 – 0.618, the bearish trend remains valid.

3️⃣ Resistance

4,350 – 4,352: Short-term resistance.

4,428 – 4,430: Strong resistance (Fibo 1.618 + previous distribution zone).
→ Ideal area to look for sell setups if clear price rejection appears.

4️⃣ Support

4,304 – 4,306: Near-term support (recent swing low).

4,273 – 4,275: Strong support, structural low — losing this zone increases the risk of an extended breakdown.

📈 Trading Plan

BUY GOLD: 4,273 – 4,275

Stop Loss: 4,265

Take Profit: 100 – 300 – 500 pips

SELL GOLD: 4,428 – 4,430

Stop Loss: 4,440

Take Profit: 100 – 300 – 500 pips

📍 Bias remains bearish — prioritize selling rallies, buying only reacts at major support.
Nota
In the final minutes of the Asian trading session, the price is still moving sideways, awaiting a clearer breakout. My trading setups are ready; please focus and set your target points based on the existing setups.

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