📊 Market Overview
Gold (XAU/USD) touched the $3990 resistance zone before retreating back to $3985–$3986, indicating renewed selling pressure near the supply area. The market remains range-bound, but the range is gradually widening, signaling potential volatility ahead.
🧭 Technical Analysis
• Near Resistance: $3990 – $3995
• Major Resistance: $4005 – $4012
• Near Support: $3978 – $3970
• Major Support: $3958 – $3950
• EMA50 (H1): price is hovering around this level, showing a neutral short-term bias.
• Recent candlesticks show upper wicks → sellers are dominating short-term momentum, though dip-buying interest may appear around $3960–$3955.
💡 Outlook
Gold remains in an expanding consolidation phase. The $3995 – $4005 area is a critical test zone — failure to break above could trigger a correction toward $3960.
Conversely, a confirmed H1 close above $4005 would suggest a bullish breakout and potential continuation higher.
🎯 Trading Strategy
🔻 SELL XAU/USD
Entry: $4006 – $4009
🎯 TP: 40 / 80 / 200 pips
🛑 SL: $4013
🔺 BUY XAU/USD
Entry: $3955 – $3952
🎯 TP: 40 / 80 / 200 pips
🛑 SL: $3948
Gold (XAU/USD) touched the $3990 resistance zone before retreating back to $3985–$3986, indicating renewed selling pressure near the supply area. The market remains range-bound, but the range is gradually widening, signaling potential volatility ahead.
🧭 Technical Analysis
• Near Resistance: $3990 – $3995
• Major Resistance: $4005 – $4012
• Near Support: $3978 – $3970
• Major Support: $3958 – $3950
• EMA50 (H1): price is hovering around this level, showing a neutral short-term bias.
• Recent candlesticks show upper wicks → sellers are dominating short-term momentum, though dip-buying interest may appear around $3960–$3955.
💡 Outlook
Gold remains in an expanding consolidation phase. The $3995 – $4005 area is a critical test zone — failure to break above could trigger a correction toward $3960.
Conversely, a confirmed H1 close above $4005 would suggest a bullish breakout and potential continuation higher.
🎯 Trading Strategy
🔻 SELL XAU/USD
Entry: $4006 – $4009
🎯 TP: 40 / 80 / 200 pips
🛑 SL: $4013
🔺 BUY XAU/USD
Entry: $3955 – $3952
🎯 TP: 40 / 80 / 200 pips
🛑 SL: $3948
Сделка активна
The short-term trend has turned bullish after gold broke above the $4005 level. The next target is expected around the $4018 – $4030 zone.Сделка закрыта: достигнута тейк-профит цена
Gold is consolidating around 4012, waiting to break above 4017 for further gains or drop below 4008 for a correction.
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📊 Forex | Gold | Crypto Market Insights
📰 Real-time news updates & expert analysis
💡 Technical breakdowns & market outlooks
🔗 Join our free group: telegram.me/+DmS-dVFJMm40MDM9
📰 Real-time news updates & expert analysis
💡 Technical breakdowns & market outlooks
🔗 Join our free group: telegram.me/+DmS-dVFJMm40MDM9
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.