Hello traders! Here’s my technical outlook based on the current XAUUSD (4H) chart structure. Price previously developed a strong bullish trend supported by a well-defined ascending trend line, where buyers maintained consistent control and the market continued forming higher highs and higher lows. This steady advance eventually accelerated into a sharp impulsive move that pushed price toward a major supply line located near the upper boundary of the structure. The rally culminated at a significant pivot point, where strong selling pressure entered the market and triggered an aggressive rejection from the highs. Following this peak, gold experienced a rapid correction, breaking back below the prior breakout level and forming a deep pullback toward the rising trend support. This sharp decline created another pivot point near the lower boundary of the move, where buyers stepped in and stabilized price action. After this volatile phase, the market transitioned into a range consolidation, where price traded sideways within clearly defined boundaries. This range reflected a temporary balance between buyers and sellers as the market absorbed liquidity and prepared for the next directional move.
Currently, gold is trading between the descending supply line and the rising trend line, forming a tightening structure that reflects a compression phase between supply and demand. The market recently pulled back toward the ascending trend support and the 5,060 demand zone, which now acts as the key structural support for the ongoing bullish recovery. This area represents an important decision level where buyers must defend the structure to maintain upward momentum.
My primary scenario remains bullish-to-neutral as long as price holds above the 5,060 demand zone and respects the rising trend line. A successful bounce from this region could drive price back toward the 5,200 supply zone, which aligns with the descending supply line and represents the next major resistance level. However, if sellers manage to push price below the demand area and break the ascending trend support, this would weaken the bullish structure and open the door for a deeper correction toward lower liquidity levels. For now, gold remains in a compression phase between supply and demand, where patience and confirmation are essential. Manage your risk!
Currently, gold is trading between the descending supply line and the rising trend line, forming a tightening structure that reflects a compression phase between supply and demand. The market recently pulled back toward the ascending trend support and the 5,060 demand zone, which now acts as the key structural support for the ongoing bullish recovery. This area represents an important decision level where buyers must defend the structure to maintain upward momentum.
My primary scenario remains bullish-to-neutral as long as price holds above the 5,060 demand zone and respects the rising trend line. A successful bounce from this region could drive price back toward the 5,200 supply zone, which aligns with the descending supply line and represents the next major resistance level. However, if sellers manage to push price below the demand area and break the ascending trend support, this would weaken the bullish structure and open the door for a deeper correction toward lower liquidity levels. For now, gold remains in a compression phase between supply and demand, where patience and confirmation are essential. Manage your risk!
액티브 트레이드
As we can see, the analysis is working well so far. The price bounced off the trend line again and went up. So we are waiting for the target.거래청산: 타겟 닿음
We can see that we have reached our mark, after which the sellers immediately intervened. the analysis worked well, the target was received.🔶 Free telegram channel👉 t.me/heniitrading
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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.
🔶 Free telegram channel👉 t.me/heniitrading
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 t.me/henii_trader
💎 I'm open for cooperation/advertising, not interested in rebate
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 t.me/henii_trader
💎 I'm open for cooperation/advertising, not interested in rebate
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.
