GOLD BREAKS THE TRENDLINE — NEW UPTREND FORMING

151
Gold has broken above the previous descending trendline after holding the 4305–4315 support zone, showing a clear improvement in short-term buying pressure. Price is now building higher lows and higher highs, suggesting that a new bullish structure is beginning to develop.

The main scenario is to wait for a controlled pullback toward the 4305–4315 support zone or a retest of the broken trendline. If this area holds and bullish confirmation appears, Gold could continue higher toward the 4360–4370 resistance zone. A clean breakout above this area would strengthen the bullish structure and open the way toward the major 4395–4405 resistance zone.

On the downside, a sustained break back below the broken trendline and 4300 would weaken the current bullish structure and require reassessment.

📍 KEY LEVELS:

🔹 4305–4315
Key support and potential retest zone after the trendline breakout. Preferred area to monitor for a BUY reaction.

🔹 4280–4295
Deeper support if the pullback extends beyond the immediate retest zone.

🔹 4360–4370
Immediate resistance and first upside target.

🔹 4395–4405
Major resistance zone and key breakout target.

🔹 4420–4440
Extended upside target if Gold breaks and holds above 4405.

✅ PREFERRED SCENARIO:

Gold maintains the breakout above the descending trendline.
Pullback toward 4305–4315 remains controlled.
Support holds + bullish confirmation → BUY.
Recovery above 4360–4370 → bullish continuation.
Breakout above 4395–4405 → target 4420–4440.
Higher lows continue to form → bullish structure strengthens.
Break below 4300 → reassess the bullish bias.

BIAS: 🟢 BULLISH — NEW UPTREND FORMING — Gold has successfully broken the descending trendline and is beginning to establish a higher-low/higher-high structure. Prefer buying confirmed pullbacks and using the broken trendline as a key reference for continuation toward 4400+.

免責事項

これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。