Gold has delivered a strong bullish breakout, breaking above the previous resistance and maintaining the ascending structure. Price is now approaching the 4490–4525 resistance zone, so chasing the current move is not preferred.
The main scenario is to wait for a pullback toward 4420–4435, where previous resistance has turned into support and the ascending trendline is also nearby. If this area holds with bullish confirmation, Gold could continue toward 4525, followed by 4575–4590.
If the correction becomes deeper, 4380–4400 is the next important support zone. As long as price holds above this area, the bullish structure remains valid.
📍 KEY LEVELS:
🔹 4420–4435
Immediate support and preferred area to monitor for a BUY reaction.
🔹 4380–4400
Deeper support if a stronger pullback develops.
🔹 4490–4525
Current resistance and first upside target.
🔹 4575–4590
Major higher-timeframe resistance and extended target.
✅ PREFERRED SCENARIO:
Gold pulls back toward 4420–4435.
Support holds + bullish confirmation → BUY.
Breakout above 4490–4525 → target 4575–4590.
Deeper pullback toward 4380–4400 remains buyable if bullish structure is preserved.
BIAS: 🟢 BUY — The primary trend remains strongly bullish. Prefer buying pullbacks rather than chasing the breakout.
The main scenario is to wait for a pullback toward 4420–4435, where previous resistance has turned into support and the ascending trendline is also nearby. If this area holds with bullish confirmation, Gold could continue toward 4525, followed by 4575–4590.
If the correction becomes deeper, 4380–4400 is the next important support zone. As long as price holds above this area, the bullish structure remains valid.
📍 KEY LEVELS:
🔹 4420–4435
Immediate support and preferred area to monitor for a BUY reaction.
🔹 4380–4400
Deeper support if a stronger pullback develops.
🔹 4490–4525
Current resistance and first upside target.
🔹 4575–4590
Major higher-timeframe resistance and extended target.
✅ PREFERRED SCENARIO:
Gold pulls back toward 4420–4435.
Support holds + bullish confirmation → BUY.
Breakout above 4490–4525 → target 4575–4590.
Deeper pullback toward 4380–4400 remains buyable if bullish structure is preserved.
BIAS: 🟢 BUY — The primary trend remains strongly bullish. Prefer buying pullbacks rather than chasing the breakout.
📊 XAUUSD & Forex Trading📈 Intraday setups – risk-managed⏱️ Live alerts + technical reasoning🧠 Consistency over hype📌 Trade the plan. Manage the risk.👉 Full signals & real-time insights
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
📊 XAUUSD & Forex Trading📈 Intraday setups – risk-managed⏱️ Live alerts + technical reasoning🧠 Consistency over hype📌 Trade the plan. Manage the risk.👉 Full signals & real-time insights
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.