🟡 Hello Goldies —
Gold is showing short-term bearish pressure after repeated rejection from the 4630 supply zone 📉
Weekly structure remains bullish overall, but Daily and H4 momentum currently favor a deeper retracement toward lower demand before continuation higher. Price is now testing key support around 4500–4550 — a breakdown here could accelerate selling toward 4450 and 4360.
🔴 Sell Zone: 4580–4630
⚠️ Breakdown Below: 4500
🟢 Major Demand: 4360–4400
🎯 Targets: 4450 → 4360
Bulls still hold the macro trend, but sellers currently control short-term momentum 🐻🔥
Having said that, lets get into a deep dive analysis:
🟣 Weekly
Weekly structure remains bullish overall, but momentum is slowing as price reacts from premium supply. The recent rejection from higher levels suggests a deeper pullback could occur before continuation higher.
Price is currently testing a key weekly demand zone around 4500–4550. A failure to hold this area may open the path toward deeper weekly liquidity near 4360–4400.
🔑 Weekly Bias: Bullish retracement / short-term bearish correction
📍 Weekly Support: 4500–4550
📍 Major Demand: 4360–4400
🎯 Long-term Upside: 4800 → 5000+
🔵 Daily
Daily structure is weakening after multiple failures to sustain above resistance near 4630–4650. Sellers are defending supply aggressively while momentum shifts lower.
Current price action suggests:
Weak bullish follow-through
Repeated rejection from supply
Potential BOS continuation toward lower demand
⚠️ Daily close below 4500 strengthens bearish continuation.
🔑 Daily Bias: Bearish below 4630
📍 Resistance: 4630–4650 🔴
📍 Support: 4500 → 4360 🟢
🎯 Downside Targets: 4450 → 4360
🟡 4H
H4 structure shows distribution after multiple lower highs. Price is reacting directly from supply and currently sitting at mid-demand support.
Momentum favors a short-term bearish move unless buyers reclaim 4630 quickly.
📌 Watch for:
Retest into supply = sell opportunity
Breakdown below 4500 = continuation lower
🔑 H4 Bias: Bearish 📉
📍 Sell Zone: 4600–4630 🔴
📍 Breakdown Level: 4500 ⚠️
🎯 Targets: 4450 → 4360
🟢 1H
Lower timeframe structure confirms bearish momentum with lower highs forming consistently. Intraday flow suggests price may retrace slightly before continuing lower.
📌 Scalpers should watch for rejection candles around supply before entering shorts.
🔑 H1 Bias: Bearish intraday
📍 Intraday Sell Zone: 4580–4610 🔴
📍 Intraday Support: 4500 🟢
🎯 Targets: 4460 → 4360
💰 Trade Setups
🔴 Sell Setup #1 — Supply Rejection
📍 Entry: 4580–4630
🛑 Stop Loss: Above 4670
🎯 TP1: 4500
🎯 TP2: 4450
🎯 TP3: 4360
⚠️ Sell Setup #2 — Breakdown Entry
📍 Entry: H4 close below 4500
🛑 Stop Loss: Above 4550
🎯 TP1: 4450
🎯 TP2: 4360
🟢 Counter-Trend Buy Setup
📍 Entry: 4360–4400 demand zone
🛑 Stop Loss: Below 4320
🎯 TP1: 4500
🎯 TP2: 4630
(Only valid if strong bullish reaction appears)
Bottom Line:
“Gold couldn’t hold premium… now sellers are hunting the discount zone"
Gold is showing short-term bearish pressure after repeated rejection from the 4630 supply zone 📉
Weekly structure remains bullish overall, but Daily and H4 momentum currently favor a deeper retracement toward lower demand before continuation higher. Price is now testing key support around 4500–4550 — a breakdown here could accelerate selling toward 4450 and 4360.
🔴 Sell Zone: 4580–4630
⚠️ Breakdown Below: 4500
🟢 Major Demand: 4360–4400
🎯 Targets: 4450 → 4360
Bulls still hold the macro trend, but sellers currently control short-term momentum 🐻🔥
Having said that, lets get into a deep dive analysis:
🟣 Weekly
Weekly structure remains bullish overall, but momentum is slowing as price reacts from premium supply. The recent rejection from higher levels suggests a deeper pullback could occur before continuation higher.
Price is currently testing a key weekly demand zone around 4500–4550. A failure to hold this area may open the path toward deeper weekly liquidity near 4360–4400.
🔑 Weekly Bias: Bullish retracement / short-term bearish correction
📍 Weekly Support: 4500–4550
📍 Major Demand: 4360–4400
🎯 Long-term Upside: 4800 → 5000+
🔵 Daily
Daily structure is weakening after multiple failures to sustain above resistance near 4630–4650. Sellers are defending supply aggressively while momentum shifts lower.
Current price action suggests:
Weak bullish follow-through
Repeated rejection from supply
Potential BOS continuation toward lower demand
⚠️ Daily close below 4500 strengthens bearish continuation.
🔑 Daily Bias: Bearish below 4630
📍 Resistance: 4630–4650 🔴
📍 Support: 4500 → 4360 🟢
🎯 Downside Targets: 4450 → 4360
🟡 4H
H4 structure shows distribution after multiple lower highs. Price is reacting directly from supply and currently sitting at mid-demand support.
Momentum favors a short-term bearish move unless buyers reclaim 4630 quickly.
📌 Watch for:
Retest into supply = sell opportunity
Breakdown below 4500 = continuation lower
🔑 H4 Bias: Bearish 📉
📍 Sell Zone: 4600–4630 🔴
📍 Breakdown Level: 4500 ⚠️
🎯 Targets: 4450 → 4360
🟢 1H
Lower timeframe structure confirms bearish momentum with lower highs forming consistently. Intraday flow suggests price may retrace slightly before continuing lower.
📌 Scalpers should watch for rejection candles around supply before entering shorts.
🔑 H1 Bias: Bearish intraday
📍 Intraday Sell Zone: 4580–4610 🔴
📍 Intraday Support: 4500 🟢
🎯 Targets: 4460 → 4360
💰 Trade Setups
🔴 Sell Setup #1 — Supply Rejection
📍 Entry: 4580–4630
🛑 Stop Loss: Above 4670
🎯 TP1: 4500
🎯 TP2: 4450
🎯 TP3: 4360
⚠️ Sell Setup #2 — Breakdown Entry
📍 Entry: H4 close below 4500
🛑 Stop Loss: Above 4550
🎯 TP1: 4450
🎯 TP2: 4360
🟢 Counter-Trend Buy Setup
📍 Entry: 4360–4400 demand zone
🛑 Stop Loss: Below 4320
🎯 TP1: 4500
🎯 TP2: 4630
(Only valid if strong bullish reaction appears)
Bottom Line:
“Gold couldn’t hold premium… now sellers are hunting the discount zone"
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คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน