Gold continues to trade within a broader bearish structure, with recent price action showing only a corrective rebound after the previous decline. The short-term recovery has yet to invalidate the dominant downtrend, making pullbacks into resistance the preferred area to look for selling opportunities.
🔴 Primary Scenario – Sell the Pullback
The focus remains on waiting for price to retrace into the 4068–4092 resistance zone. If bearish rejection or lower-timeframe confirmation appears, this area offers the highest-probability setup to rejoin the prevailing trend.
Sell Zone: 4068 – 4092
Target 1: 4035
Target 2: 4000
🟢 Alternative Scenario – Breakout
A sustained breakout and H1 close above 4092 would weaken the current bearish outlook. In that case, short positions should be avoided until a new structure forms, with buyers potentially targeting the next liquidity area higher.
📌 Key Levels
🔹 4068 – 4092 → Key resistance and preferred selling zone.
🔹 4032 – 4036 → Immediate support where buyers may attempt another short-term rebound.
🔹 4000 → Major downside objective if bearish momentum accelerates.
📊 Session Bias
Bearish
The broader trend remains bearish, while the current rebound is viewed as a technical correction rather than a trend reversal. Patience is key—waiting for price to revisit resistance provides a stronger risk-to-reward opportunity than chasing the move lower.
Trade with the trend, wait for confirmation, and let the market come to your levels.
🔴 Primary Scenario – Sell the Pullback
The focus remains on waiting for price to retrace into the 4068–4092 resistance zone. If bearish rejection or lower-timeframe confirmation appears, this area offers the highest-probability setup to rejoin the prevailing trend.
Sell Zone: 4068 – 4092
Target 1: 4035
Target 2: 4000
🟢 Alternative Scenario – Breakout
A sustained breakout and H1 close above 4092 would weaken the current bearish outlook. In that case, short positions should be avoided until a new structure forms, with buyers potentially targeting the next liquidity area higher.
📌 Key Levels
🔹 4068 – 4092 → Key resistance and preferred selling zone.
🔹 4032 – 4036 → Immediate support where buyers may attempt another short-term rebound.
🔹 4000 → Major downside objective if bearish momentum accelerates.
📊 Session Bias
Bearish
The broader trend remains bearish, while the current rebound is viewed as a technical correction rather than a trend reversal. Patience is key—waiting for price to revisit resistance provides a stronger risk-to-reward opportunity than chasing the move lower.
Trade with the trend, wait for confirmation, and let the market come to your levels.
Emma Diamond | Gold Scalping & Market Analysis
Sharing macro insights, XAUUSD trend analysis, and high-probability scalping setups with disciplined risk management.
t.me/+tQGX4PFCCF0zMzI9
Sharing macro insights, XAUUSD trend analysis, and high-probability scalping setups with disciplined risk management.
t.me/+tQGX4PFCCF0zMzI9
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Emma Diamond | Gold Scalping & Market Analysis
Sharing macro insights, XAUUSD trend analysis, and high-probability scalping setups with disciplined risk management.
t.me/+tQGX4PFCCF0zMzI9
Sharing macro insights, XAUUSD trend analysis, and high-probability scalping setups with disciplined risk management.
t.me/+tQGX4PFCCF0zMzI9
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.