Waiting for the final decision

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Gold prices experienced an upward gap at the beginning of the week, establishing a significant breakout gap 📈. From a liquidity perspective, if this gap is subsequently filled, the pullback area will transition into a value range and a low-risk entry point for bulls. The gap itself reflects active accumulation by institutional capital rather than random market fluctuation 💼.

Key support: Maintain a bullish stance by relying on the 4300 level, but remain vigilant regarding the risk of flash crashes and sharp declines; avoid chasing highs and selling at lows ⚠️.

Key pivot point: The 4245-4235 range represents the previous top-to-bottom conversion level. A large number of stop-loss orders are concentrated in this range. If touched, a rebound can be expected, allowing for the re-entry of long positions 🔄.

Key resistance: 4363 is the previous high on the 4-hour chart and also the 38.2% Fibonacci retracement level since the decline from 4575. There is a significant accumulation of orders at this level 🚧. Only if the 4-hour candlestick closes firmly and breaks through this level can we confirm multi-timeframe resonance and trigger a new round of trend acceleration 🚀.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.