Gold just printed a sharp wick rejection on D1 around the 4657 support zone, showing that buyers are still reacting at this level.
However, the overall structure hasn’t changed.
Price is still trading below the breakdown level (4779), and the broader flow remains bearish. This wick looks more like a liquidity reaction rather than a confirmed reversal.
📍 What to watch
Holding above 4657 → short-term bounce possible
Failure to reclaim 4779 → sellers remain in control
Breakdown below current lows → continuation toward 4399
✨ For now, this is just a reaction —
👉 not a shift in trend yet.
However, the overall structure hasn’t changed.
Price is still trading below the breakdown level (4779), and the broader flow remains bearish. This wick looks more like a liquidity reaction rather than a confirmed reversal.
📍 What to watch
Holding above 4657 → short-term bounce possible
Failure to reclaim 4779 → sellers remain in control
Breakdown below current lows → continuation toward 4399
✨ For now, this is just a reaction —
👉 not a shift in trend yet.
Not
Gold is sitting at a key short-term decision zone.If buyers can reclaim 477x, price may extend higher and react from that resistance area.
But if the current pause fails to hold, gold could slip back below 465x and continue the bearish move.
For today, the market is simple:
reclaim higher for a bounce, or lose support and fall again.
Not
The price may advance to the liquidity level at 477x before falling to the next support zones.
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.
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.