Gold continues to respect the broader bearish market structure, with price trading beneath multiple descending trendlines that have capped every meaningful rally over the past several weeks.
My primary focus is the 4,075 to 4,085 resistance region, where several technical factors converge:
• Descending macro trendline resistance
• Short-term ascending support turned resistance
• Previous horizontal support/resistance around 4,078
• Psychological resistance after the recent rebound
This creates a high-probability short scalping zone if price rallies into this area and begins to show bearish rejection.
Trade Plan:
• Wait for price to reach the highlighted resistance zone.
• Look for bearish confirmation such as a rejection wick, bearish engulfing candle, or lower high on the lower timeframes.
• Enter short only after confirmation, not before.
• Initial targets would be the recent swing lows, with potential for a continuation if the overall downtrend remains intact.
As always, risk management comes first. If price breaks above the confluence zone and establishes acceptance above it, the bearish setup becomes invalid and I'll wait for a new structure to develop.
Key Resistance: 4,075-4,085
Bias: Bearish while below trendline resistance.
This is my personal technical analysis and trade plan, not financial advice. Always wait for confirmation before entering a position.
My primary focus is the 4,075 to 4,085 resistance region, where several technical factors converge:
• Descending macro trendline resistance
• Short-term ascending support turned resistance
• Previous horizontal support/resistance around 4,078
• Psychological resistance after the recent rebound
This creates a high-probability short scalping zone if price rallies into this area and begins to show bearish rejection.
Trade Plan:
• Wait for price to reach the highlighted resistance zone.
• Look for bearish confirmation such as a rejection wick, bearish engulfing candle, or lower high on the lower timeframes.
• Enter short only after confirmation, not before.
• Initial targets would be the recent swing lows, with potential for a continuation if the overall downtrend remains intact.
As always, risk management comes first. If price breaks above the confluence zone and establishes acceptance above it, the bearish setup becomes invalid and I'll wait for a new structure to develop.
Key Resistance: 4,075-4,085
Bias: Bearish while below trendline resistance.
This is my personal technical analysis and trade plan, not financial advice. Always wait for confirmation before entering a position.
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➡️ Managed Forex Accounts manage.forex
➡️ Passing Services wepasschallenges.com
➡️ Premium Expert Advisors iqalgos.com
➡️ 1-on-1 Mentorship miamitradingacademy.com
➡️ Best Prop Firm | 15% Off Code "MIKE15" @ 8figuretrader.com
➡️ Passing Services wepasschallenges.com
➡️ Premium Expert Advisors iqalgos.com
➡️ 1-on-1 Mentorship miamitradingacademy.com
➡️ Best Prop Firm | 15% Off Code "MIKE15" @ 8figuretrader.com
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน