Gold and xauusd Testing Resistance – Potential Rejection Zone

Price is currently testing a key resistance zone aligned with a descending trendline. After a recent CHoCH, momentum appears weak as price struggles to break higher. A rejection from this area could lead to a move back toward lower support levels, while a sustained breakout above resistance may invalidate the bearish bias.
Note: This is not financial advice. Always manage risk properly.
Key Levels:
Resistance: 4,720 – 4,760
Support: 4,680
Major Support / Target: 4,630
Rejection from 4,720–4,760 → potential move toward 4,680 → 4,630
Break and hold above 4,760 → bearish view invalidated
Note: This is not financial advice. Always use proper risk management.
Note: This is not financial advice. Always manage risk properly.
Key Levels:
Resistance: 4,720 – 4,760
Support: 4,680
Major Support / Target: 4,630
Rejection from 4,720–4,760 → potential move toward 4,680 → 4,630
Break and hold above 4,760 → bearish view invalidated
Note: This is not financial advice. Always use proper risk management.
İşlem aktif
Price remains below 4,720–4,760 resistance, respecting the trendline. Current consolidation suggests a potential move toward lower support if rejection continues, while a breakout could shift the structure.Levels:
Resistance: 4,720–4,760
Support: 4,680 – 4,630
Note: For educational purposes only.
İşlem kapandı: hedefe ulaştı
İlgili yayınlar
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.
İlgili yayınlar
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.