1. Market Overview
Gold continues to maintain its bearish trend below the $4,000 level during the early European session, amid expectations of further Federal Reserve (Fed) rate hikes and risks surrounding Iran.
This marks the third consecutive declining session, keeping the precious metal near its lowest level since November 2025. Furthermore, a stronger US Dollar suggests that the bearish pressure on gold remains the most likely scenario.
2. Technical Analysis
A. Structure & Trend
• Price is currently testing the Demand Zone around 3,960 – 3,970.
• The short-term structure remains bearish as price continues forming lower highs from the Supply Zone.
B. Key Areas
🔴 Main Supply Zone: 4,090 – 4,100
→ Strong selling area, where price has failed to break through multiple times.
⚫️ Resistance Zone: 4,037 – 4,045
→ A breakout above this zone could trigger a recovery move.
🟢 Demand Zone: 3,960 – 3,950
→ Current reaction area. Buyers need to defend this zone to prevent sellers from extending the downside momentum.
C. Trading Scenarios
🟢 Bullish Scenario:
If price holds the 3,960–3,950 zone and forms a reversal candle:
→ Potential recovery toward 3,980 → 4,040
🔴 Bearish Scenario:
If the H1 candle closes below 3,950:
→ Demand zone will be broken
→ Next targets: 3,930 – 3,920, which are lower support areas.
3. Outlook
The demand zone is still holding at the moment, while RSI is approaching the oversold area, suggesting sellers may lose momentum and avoid aggressive selling pressure.
Gold may see a slight recovery during today’s European session. However, a clear breakdown below 3,960 - 3950 cannot be ruled out, which could trigger a stronger bearish continuation.
Wish you a successful trading day 💰
Gold continues to maintain its bearish trend below the $4,000 level during the early European session, amid expectations of further Federal Reserve (Fed) rate hikes and risks surrounding Iran.
This marks the third consecutive declining session, keeping the precious metal near its lowest level since November 2025. Furthermore, a stronger US Dollar suggests that the bearish pressure on gold remains the most likely scenario.
2. Technical Analysis
A. Structure & Trend
• Price is currently testing the Demand Zone around 3,960 – 3,970.
• The short-term structure remains bearish as price continues forming lower highs from the Supply Zone.
B. Key Areas
🔴 Main Supply Zone: 4,090 – 4,100
→ Strong selling area, where price has failed to break through multiple times.
⚫️ Resistance Zone: 4,037 – 4,045
→ A breakout above this zone could trigger a recovery move.
🟢 Demand Zone: 3,960 – 3,950
→ Current reaction area. Buyers need to defend this zone to prevent sellers from extending the downside momentum.
C. Trading Scenarios
🟢 Bullish Scenario:
If price holds the 3,960–3,950 zone and forms a reversal candle:
→ Potential recovery toward 3,980 → 4,040
🔴 Bearish Scenario:
If the H1 candle closes below 3,950:
→ Demand zone will be broken
→ Next targets: 3,930 – 3,920, which are lower support areas.
3. Outlook
The demand zone is still holding at the moment, while RSI is approaching the oversold area, suggesting sellers may lose momentum and avoid aggressive selling pressure.
Gold may see a slight recovery during today’s European session. However, a clear breakdown below 3,960 - 3950 cannot be ruled out, which could trigger a stronger bearish continuation.
Wish you a successful trading day 💰
Zlecenie aktywne
the plan is still on track Transakcja zamknięta: osiągnięto wyznaczony cel
complete the original plan
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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.