📈 1. Trend & Market Structure
Overview:
Gold is currently undergoing a correction following a strong rally from the 4,365 low to the 4,595 high.
The short-term EMA (~4,508) remains above EMA89 (~4,504), indicating that the short-term bullish structure has not been fully broken yet.
However, price has fallen back below the short-term EMA and is now testing a key support zone around 4.49x–4.50x.
👉 Current Trend:
Short-term bearish correction within a broader recovery structure.
📊 2. Price Action & Momentum
Price Action:
After reaching the strong resistance area around 4.59x, gold encountered heavy selling pressure and formed a series of corrective candles.
Price is currently retesting a key support confluence consisting of:
EMA89
Major POC / Volume Profile node
Demand zone around 4.49x
This area is likely to determine the market’s next directional move.
👉 If the 4.49x–4.50x support zone holds:
Potential rebound toward 4.52x
Then 4.55x
And possibly 4.59x
👉 If price breaks below this support zone:
The bearish scenario may extend toward the 4.42x–4.43x liquidity zone.
Momentum:
RSI around 41 → momentum has weakened after the recent rally.
The histogram has turned red and continues to expand, indicating ongoing short-term selling pressure.
No clear bullish reversal signal has emerged at the current support zone.
👉 Short-term momentum remains slightly in favor of the bears.
📍 3. Key Support & Resistance Levels
🔴 Near Resistance: 4,508 – 4,520
Short-term EMA
Current technical rebound area
🔴 Major Resistance: 4,590 – 4,595
Recent swing high
Strong supply zone
🔵 Near Support: 4,490 – 4,485
EMA89
POC Volume Profile
Short-term demand zone
🔵 Major Support: 4,430 – 4,420
Liquidity zone highlighted on the chart
Next downside target if current support fails to hold
---------------------------
BUY GOLD zone 4425 - 4420
SL : 4415
TP : 4442 - 4460 - 4488
----------------------------
Overview:
Gold is currently undergoing a correction following a strong rally from the 4,365 low to the 4,595 high.
The short-term EMA (~4,508) remains above EMA89 (~4,504), indicating that the short-term bullish structure has not been fully broken yet.
However, price has fallen back below the short-term EMA and is now testing a key support zone around 4.49x–4.50x.
👉 Current Trend:
Short-term bearish correction within a broader recovery structure.
📊 2. Price Action & Momentum
Price Action:
After reaching the strong resistance area around 4.59x, gold encountered heavy selling pressure and formed a series of corrective candles.
Price is currently retesting a key support confluence consisting of:
EMA89
Major POC / Volume Profile node
Demand zone around 4.49x
This area is likely to determine the market’s next directional move.
👉 If the 4.49x–4.50x support zone holds:
Potential rebound toward 4.52x
Then 4.55x
And possibly 4.59x
👉 If price breaks below this support zone:
The bearish scenario may extend toward the 4.42x–4.43x liquidity zone.
Momentum:
RSI around 41 → momentum has weakened after the recent rally.
The histogram has turned red and continues to expand, indicating ongoing short-term selling pressure.
No clear bullish reversal signal has emerged at the current support zone.
👉 Short-term momentum remains slightly in favor of the bears.
📍 3. Key Support & Resistance Levels
🔴 Near Resistance: 4,508 – 4,520
Short-term EMA
Current technical rebound area
🔴 Major Resistance: 4,590 – 4,595
Recent swing high
Strong supply zone
🔵 Near Support: 4,490 – 4,485
EMA89
POC Volume Profile
Short-term demand zone
🔵 Major Support: 4,430 – 4,420
Liquidity zone highlighted on the chart
Next downside target if current support fails to hold
---------------------------
BUY GOLD zone 4425 - 4420
SL : 4415
TP : 4442 - 4460 - 4488
----------------------------
Zlecenie aktywne
XAU decrease 4445 and react up. H1 decrease 
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠My channel:
" t.me/+wmcIWR0hqD5mYjhl "
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠My channel:
" t.me/+wmcIWR0hqD5mYjhl "
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠My channel:
" t.me/+wmcIWR0hqD5mYjhl "
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠My channel:
" t.me/+wmcIWR0hqD5mYjhl "
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.