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+.
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+.
📊 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.