Gold continues to respect its short-term bullish structure after finding strong buying interest at the ascending H2 trendline. The recent correction appears to have completed, with buyers stepping back in around the 4045–4060 demand zone, allowing price to resume making higher lows.
The recovery has now pushed Gold back above the immediate support area, confirming that buyers remain in control as long as price holds above the rising trendline. This trendline has acted as dynamic support throughout the recent advance and remains the key technical level to monitor.
The next challenge for bulls is the 4105–4130 resistance zone, where short-term selling pressure is expected to emerge. A healthy pullback from this area would be considered a normal retest before another continuation higher. If buyers successfully establish acceptance above 4130, Gold could extend toward the major H2 resistance around 4160–4180, where the broader bullish structure will face its next important test.
For now, the preferred strategy is to buy pullbacks while price remains above the ascending trendline. Momentum continues to favor the upside, and chasing short positions against the prevailing trend carries lower probability until a clear bearish structure develops.
📍 Key Levels
🔹 4045 – 4060
Primary support and preferred buying zone.
🔹 4080 – 4090
First pullback support after the recent breakout.
🔹 4105 – 4130
Key resistance and breakout confirmation area.
🔹 4160 – 4180
Major H2 resistance and primary bullish target.
🔹 Below 4035
A sustained move below this level would weaken the current bullish structure and increase the probability of a deeper correction toward 4000–4020.
✅ Preferred Scenario
Price briefly retraces into the 4080–4090 support zone.
Buyers defend both the support area and the rising H2 trendline.
Bullish momentum resumes toward 4105–4130.
A confirmed breakout above 4130 opens the way toward 4160–4180.
Continue favoring buy-the-dip setups while price remains above the ascending trendline.
The recovery has now pushed Gold back above the immediate support area, confirming that buyers remain in control as long as price holds above the rising trendline. This trendline has acted as dynamic support throughout the recent advance and remains the key technical level to monitor.
The next challenge for bulls is the 4105–4130 resistance zone, where short-term selling pressure is expected to emerge. A healthy pullback from this area would be considered a normal retest before another continuation higher. If buyers successfully establish acceptance above 4130, Gold could extend toward the major H2 resistance around 4160–4180, where the broader bullish structure will face its next important test.
For now, the preferred strategy is to buy pullbacks while price remains above the ascending trendline. Momentum continues to favor the upside, and chasing short positions against the prevailing trend carries lower probability until a clear bearish structure develops.
📍 Key Levels
🔹 4045 – 4060
Primary support and preferred buying zone.
🔹 4080 – 4090
First pullback support after the recent breakout.
🔹 4105 – 4130
Key resistance and breakout confirmation area.
🔹 4160 – 4180
Major H2 resistance and primary bullish target.
🔹 Below 4035
A sustained move below this level would weaken the current bullish structure and increase the probability of a deeper correction toward 4000–4020.
✅ Preferred Scenario
Price briefly retraces into the 4080–4090 support zone.
Buyers defend both the support area and the rising H2 trendline.
Bullish momentum resumes toward 4105–4130.
A confirmed breakout above 4130 opens the way toward 4160–4180.
Continue favoring buy-the-dip setups while price remains above the ascending trendline.
📊 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.