Key Market Structure
✅ Bullish CHOCH confirmed, indicating a shift from bearish to bullish momentum.
✅ Price successfully broke above the recent supply/resistance zone around 4,150–4,170, converting it into potential support.
✅ The sharp bullish impulse suggests institutional buying strength.
Current Price Action
Gold is currently trading near 4,247 after a healthy pullback from the recent high.
The current retracement appears to be a normal correction rather than a reversal.
As long as price remains above the recent breakout area, the bullish trend remains intact.
Important Levels
Support
4,150–4,170 (Breakout & Demand Zone)
4,000–4,020 (Major demand / strong low)
Resistance
4,360–4,380 (First Target)
4,470–4,510 (Major Supply Zone)
4,560–4,600 (Final Bullish Target)
Trading Scenario
Bullish Scenario (Preferred)
Wait for bullish confirmation after the pullback.
Holding above 4,150 could trigger another upward leg.
Target 1: 4,360–4,380
Target 2: 4,470–4,510
Final Target: 4,560–4,600
Bearish Risk
A sustained break below 4,150 would weaken the bullish outlook.
A move below 4,000 would invalidate the current bullish structure and increase the probability of a deeper correction.
Conclusion
Gold remains bullish on the 4H timeframe. The recent breakout and CHOCH indicate buyers have regained control, and the current pullback looks like a retest before another potential rally. If support around 4,150–4,170 holds, the market has room to advance toward 4,380, followed by 4,500, with 4,600 as the extended bullish objective.
✅ Bullish CHOCH confirmed, indicating a shift from bearish to bullish momentum.
✅ Price successfully broke above the recent supply/resistance zone around 4,150–4,170, converting it into potential support.
✅ The sharp bullish impulse suggests institutional buying strength.
Current Price Action
Gold is currently trading near 4,247 after a healthy pullback from the recent high.
The current retracement appears to be a normal correction rather than a reversal.
As long as price remains above the recent breakout area, the bullish trend remains intact.
Important Levels
Support
4,150–4,170 (Breakout & Demand Zone)
4,000–4,020 (Major demand / strong low)
Resistance
4,360–4,380 (First Target)
4,470–4,510 (Major Supply Zone)
4,560–4,600 (Final Bullish Target)
Trading Scenario
Bullish Scenario (Preferred)
Wait for bullish confirmation after the pullback.
Holding above 4,150 could trigger another upward leg.
Target 1: 4,360–4,380
Target 2: 4,470–4,510
Final Target: 4,560–4,600
Bearish Risk
A sustained break below 4,150 would weaken the bullish outlook.
A move below 4,000 would invalidate the current bullish structure and increase the probability of a deeper correction.
Conclusion
Gold remains bullish on the 4H timeframe. The recent breakout and CHOCH indicate buyers have regained control, and the current pullback looks like a retest before another potential rally. If support around 4,150–4,170 holds, the market has room to advance toward 4,380, followed by 4,500, with 4,600 as the extended bullish objective.
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Click 🌐 Icon To Join My Telegram Channel Daily Forex And all Pairs Analysis .
Daily trading educational ideas and updates.
t.me/Gold_Xauusd_perfect_signals92
Daily trading educational ideas and updates.
t.me/Gold_Xauusd_perfect_signals92
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。