As the previous analysis worked exactly as predicted,
XAUUSD is eyeing a bearish reversal on the 4-hour chart, with price testing a key resistance zone near recent highs, converging with a downward trendline touch and a potential entry area that could trigger downside momentum if sellers defend against further upside. This setup suggests a pullback opportunity amid the ongoing rally, targeting lower support levels with approximately 1:5.5 risk-reward.🔥
Entry between 4900–4950 for a short position (entry from current price with proper risk management is recommended)🎯. Target at 4360. Set a stop loss at a daily close above 5000, yielding a risk-reward ratio of approximately 1:5.5. Monitor for confirmation via a bearish candle close below entry with rising volume, leveraging gold's volatility near highs.🌟
Fundamentally, gold is trading around $4,933 in early February 2026, with key US Dollar events this week potentially strengthening USD if data beats expectations, pressuring gold lower. On February 3 at 10:00 AM ET, Job Openings and Labor Turnover Survey(JOLTS) for December is due, where stronger figures could bolster USD amid labor resilience. February 4 at 8:15 AM ET brings ADP Employment Change (Jan, forecast 41K), signaling private hiring trends. February 6 at 8:30 AM ET features theEmployment Report (Jan, forecast 50K Non-Farm Payrolls, 4.4% Unemployment Rate), the week's highlight—robust data could favor USD strength. 💡
📝 Trade Setup
🎯 Entry (Short):
4900 – 4950
(Entry from current price is valid with proper risk & position sizing.)
🎯 Target:
• 4360
❌ Stop Loss:
• Daily close above 5000
⚖️ Risk-to-Reward:
• ~ 1:5.5
💡 Your view?
Is this the start of a deeper correction toward 4360, or will gold break above 5000 and continue its parabolic run? 👇
Entry between 4900–4950 for a short position (entry from current price with proper risk management is recommended)🎯. Target at 4360. Set a stop loss at a daily close above 5000, yielding a risk-reward ratio of approximately 1:5.5. Monitor for confirmation via a bearish candle close below entry with rising volume, leveraging gold's volatility near highs.🌟
Fundamentally, gold is trading around $4,933 in early February 2026, with key US Dollar events this week potentially strengthening USD if data beats expectations, pressuring gold lower. On February 3 at 10:00 AM ET, Job Openings and Labor Turnover Survey(JOLTS) for December is due, where stronger figures could bolster USD amid labor resilience. February 4 at 8:15 AM ET brings ADP Employment Change (Jan, forecast 41K), signaling private hiring trends. February 6 at 8:30 AM ET features theEmployment Report (Jan, forecast 50K Non-Farm Payrolls, 4.4% Unemployment Rate), the week's highlight—robust data could favor USD strength. 💡
📝 Trade Setup
🎯 Entry (Short):
4900 – 4950
(Entry from current price is valid with proper risk & position sizing.)
🎯 Target:
• 4360
❌ Stop Loss:
• Daily close above 5000
⚖️ Risk-to-Reward:
• ~ 1:5.5
💡 Your view?
Is this the start of a deeper correction toward 4360, or will gold break above 5000 and continue its parabolic run? 👇
Dagangan aktif
Trade was activatedNota
It is still valid because it has not closed above 5000. But, be carful !Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
