Our pre-market technical analysis predicted a weak sideways consolidation for gold throughout the trading session. We clearly marked the critical 4040 support level and anticipated the price would repeatedly test this key threshold. Our core trading logic was straightforward: once the price broke decisively below 4040, bearish momentum would accelerate and push gold sharply lower toward the major psychological support at 4000. If the 4040 level remained intact, the market would stay trapped within a narrow trading range spanning 4040 up to 4070. Any upward rebound approaching 4075 would meet persistent bearish selling pressure, creating a classic pattern of lower highs followed by pullbacks.
Official Entry Plan
Short selling entry zone: 4070 – 4075
Multiple take-profit objectives: 4040, then 4020, finally the big target at 4000.
The actual market trend unfolded exactly in line with our technical outlook. Gold first climbed to a peak near 4080 before continuous bearish selling triggered a sustained decline. The price kept falling without major resistance and successfully touched our final target at 4000. At present, gold has only staged a minor short-covering bounce and is hovering near the 4030 level. This bearish range trade delivered outstanding results. Every key level we mapped out was reached precisely as we anticipated, fully proving the accuracy of our pre-session strategy.
Official Entry Plan
Short selling entry zone: 4070 – 4075
Multiple take-profit objectives: 4040, then 4020, finally the big target at 4000.
The actual market trend unfolded exactly in line with our technical outlook. Gold first climbed to a peak near 4080 before continuous bearish selling triggered a sustained decline. The price kept falling without major resistance and successfully touched our final target at 4000. At present, gold has only staged a minor short-covering bounce and is hovering near the 4030 level. This bearish range trade delivered outstanding results. Every key level we mapped out was reached precisely as we anticipated, fully proving the accuracy of our pre-session strategy.
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.