Technical Structure
Uptrend Confirmation: Despite the pullback, the overall structure remains bullish — higher highs and higher lows are intact.
Support Zone (Green Box): The area between 4,132 – 4,197 acts as a strong demand region where a reversal is likely.
Target Point: The upside target lies near $4,378 – $4,381, coinciding with previous highs and resistance.
📈 Bullish Scenario
If price tests the support level and shows rejection (bullish candles or wicks), we can expect:
Entry: Around $4,160 – $4,200
Target: $4,380 – $4,381
Stop Loss: Below $4,120
This would confirm a continuation of the uptrend after a healthy correction.
📉 Bearish Scenario
If price breaks below $4,120, it could trigger:
Deeper correction toward $4,060 – $4,000
Momentum shift from bullish to short-term bearish.
🟢 Signal Summary
Direction Entry Zone Stop Loss Take Profit Confidence
BUY (Long) $4,160 – $4,200 $4,120 $4,380 ⭐⭐⭐⭐ (Strong if support holds)
⚠️ Conclusion
Gold is showing signs of retracement within an uptrend.
If the support zone holds, we can expect a bullish reversal toward the $4,380 target point.
However, a break below $4,120 will signal a deeper correction before any new rally.
Uptrend Confirmation: Despite the pullback, the overall structure remains bullish — higher highs and higher lows are intact.
Support Zone (Green Box): The area between 4,132 – 4,197 acts as a strong demand region where a reversal is likely.
Target Point: The upside target lies near $4,378 – $4,381, coinciding with previous highs and resistance.
📈 Bullish Scenario
If price tests the support level and shows rejection (bullish candles or wicks), we can expect:
Entry: Around $4,160 – $4,200
Target: $4,380 – $4,381
Stop Loss: Below $4,120
This would confirm a continuation of the uptrend after a healthy correction.
📉 Bearish Scenario
If price breaks below $4,120, it could trigger:
Deeper correction toward $4,060 – $4,000
Momentum shift from bullish to short-term bearish.
🟢 Signal Summary
Direction Entry Zone Stop Loss Take Profit Confidence
BUY (Long) $4,160 – $4,200 $4,120 $4,380 ⭐⭐⭐⭐ (Strong if support holds)
⚠️ Conclusion
Gold is showing signs of retracement within an uptrend.
If the support zone holds, we can expect a bullish reversal toward the $4,380 target point.
However, a break below $4,120 will signal a deeper correction before any new rally.
join my telegram channel t.me/smartforexacademy45 t.me/smartforexacademy45
JOIN MY REFREL BROKER LINK one.exnessonelink.com/a/gissbq1h9c?source=app
JOIN MY REFREL BROKER LINK one.exnessonelink.com/a/gissbq1h9c?source=app
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。
join my telegram channel t.me/smartforexacademy45 t.me/smartforexacademy45
JOIN MY REFREL BROKER LINK one.exnessonelink.com/a/gissbq1h9c?source=app
JOIN MY REFREL BROKER LINK one.exnessonelink.com/a/gissbq1h9c?source=app
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。
