Oro / Dollaro
Short
Aggiornato

Scalping - Sell ​​gold around 4738, trendline

135
📈 1. Trend : Structure

Price previously formed a top and then dropped sharply, confirming a break of the bullish structure.
A steep descending trendline has since developed and is controlling overall price action.

Throughout the move:

Price has been consistently rejected at the trendline
A sequence of lower highs and lower lows has formed → a stable downtrend

👉 Current situation:

Price is making a minor pullback toward the trendline + EMA
However, the recovery lacks strength and shows no clear breakout signals
Still trading below dynamic resistance → sellers remain in control

👉 Conclusion:

Short-term trend: Bearish
Core structure:
Downtrend → pullback → bearish continuation

📊 2. Key Levels
🔴 Resistance (Sell Zone)

4,730 – 4,750

Confluence:

Descending trendline
EMA (dynamic resistance)
Nearest supply zone / previous rejection area

👉 This is the ideal zone to look for sell continuation setups

🔵 Support (Downside Targets)
Short-term: 4,690 – 4,680
Key level: 4,660 – 4,650
Deeper target: ~4,630 – 4,600
✅ Overall Strategy
Main bias: Sell with the trend

👉 Preferred scenario:

Price pulls back into the resistance zone (trendline/EMA)
Shows rejection signals → enter sell positions

👉 Alternative scenario:

If price breaks strongly above the trendline → reassess market structure
(possible transition to sideways or reversal)

3. signal

🔴 SELL GOLD zone 4737 - 4740

SL: 4745

TP: 4720 - 4700 - 4667
Trade attivo
+ 170 pips , entry SELL gold zone 4737-4740 , amazing

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