In this analysis, we’re looking at XAUUSD on the 4-hour timeframe, where price is currently showing clear signs of weakness after rejecting the resistance zone.
The market has already reacted from Resistance R1, and now price is trading below Resistance R2, confirming bearish pressure in the short term.
As long as price stays below this resistance area, the bias remains sell on rallies.
📉 Trade Idea
We are expecting a continuation move to the downside with a swing sell setup.
Entry Zone: Near the current resistance region around 4,890 – 4,950
Stop Loss: Approximately 60 dollars above the zone
Risk-to-Reward: Around 1:30, which offers a very strong asymmetric opportunity
🎯 Targets
The downside targets are projected step-by-step:
Target 1: Around the first support near 4,600
Target 2: Near 4,250 zone
Target 3: Around the 4,000 psychological level
Target 4 (Extended): Close to 3,850 area
If momentum increases, the overall projected move could deliver a potential profit of roughly $1,400 from the swing.
🧠 Conclusion
So the plan is simple:
As long as gold remains below the resistance structure, we look for bearish continuation and manage the trade by trailing profits at each target level.
Always remember to follow proper risk management and wait for confirmation before entering
The market has already reacted from Resistance R1, and now price is trading below Resistance R2, confirming bearish pressure in the short term.
As long as price stays below this resistance area, the bias remains sell on rallies.
📉 Trade Idea
We are expecting a continuation move to the downside with a swing sell setup.
Entry Zone: Near the current resistance region around 4,890 – 4,950
Stop Loss: Approximately 60 dollars above the zone
Risk-to-Reward: Around 1:30, which offers a very strong asymmetric opportunity
🎯 Targets
The downside targets are projected step-by-step:
Target 1: Around the first support near 4,600
Target 2: Near 4,250 zone
Target 3: Around the 4,000 psychological level
Target 4 (Extended): Close to 3,850 area
If momentum increases, the overall projected move could deliver a potential profit of roughly $1,400 from the swing.
🧠 Conclusion
So the plan is simple:
As long as gold remains below the resistance structure, we look for bearish continuation and manage the trade by trailing profits at each target level.
Always remember to follow proper risk management and wait for confirmation before entering
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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.