📈 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
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 MOON | Forex Academy hopes to bring the best experience to the Forex community
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💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠My channel:
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Pubblicazioni correlate
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MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠My channel:
" t.me/+wmcIWR0hqD5mYjhl "
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠My channel:
" t.me/+wmcIWR0hqD5mYjhl "
Pubblicazioni correlate
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.
