✅ Daily Chart Analysis
Gold has continued to fluctuate within a tight range, repeatedly surging and then pulling back sharply. The overall movement remains around the 4000 level, with 30–40 points of volatility. After a long period of consolidation, the market appears to be gathering momentum, suggesting that a breakout could be approaching.
From the daily timeframe, gold remains in a low-range consolidation and technical recovery phase. After several sessions of sideways movement, short-term moving averages have begun to turn upward, and candles are gradually stabilizing above them. This technical signal indicates that there is still room for further rebound in the near term.
✅ 4-Hour Chart Analysis
On the 4-hour chart, the short-term structure is improving, with price action slowly forming a small ascending triangle. Resistance remains near 4030, where price has repeatedly faced pressure. Candlesticks are climbing above short-term moving averages, indicating strengthening bullish momentum.
The 4030 level is a key area to watch — a decisive breakout above it could open a new upward channel, while failure to break it would likely keep gold within its current range.
On the downside, 3980 serves as an important support area; if price weakens, pay close attention to reactions around this level.
✅ 1-Hour Chart Analysis
From the 1-hour perspective, the previous short-term uptrend has paused, with 4030 turning into a crucial resistance zone. Support remains around 3985, where gold has repeatedly rebounded, showing continued buying interest. As long as this support holds, the bullish structure remains intact, and the upward potential could continue to expand. Traders can consider entering with normal position sizes near key support levels.
✅ Trading Strategy Reference
🔸Strategy 1 (Short Setup):
Sell in batches around 4030–4035,
Targets at 4000–3990,
If price breaks below, look for 3980 as the next target.
🔹Strategy 2 (Long Setup):
Buy in batches around 3980–3985,
Targets at 4020–4030,
If price breaks above, look for 4050 as the next target.
📊 Key Levels to Watch:
🔴Resistance: 4030–4046
🟢Support: 3980–3965
✅ Summary:
Gold remains in a high-level consolidation phase with a short-term bullish bias. A successful breakout above 4030 would confirm renewed upside momentum, while continued rejection at this level would likely keep the price oscillating within the range. In the short term, it’s best to trade the range — sell near resistance and buy near support — while adapting to market rhythm.
Gold has continued to fluctuate within a tight range, repeatedly surging and then pulling back sharply. The overall movement remains around the 4000 level, with 30–40 points of volatility. After a long period of consolidation, the market appears to be gathering momentum, suggesting that a breakout could be approaching.
From the daily timeframe, gold remains in a low-range consolidation and technical recovery phase. After several sessions of sideways movement, short-term moving averages have begun to turn upward, and candles are gradually stabilizing above them. This technical signal indicates that there is still room for further rebound in the near term.
✅ 4-Hour Chart Analysis
On the 4-hour chart, the short-term structure is improving, with price action slowly forming a small ascending triangle. Resistance remains near 4030, where price has repeatedly faced pressure. Candlesticks are climbing above short-term moving averages, indicating strengthening bullish momentum.
The 4030 level is a key area to watch — a decisive breakout above it could open a new upward channel, while failure to break it would likely keep gold within its current range.
On the downside, 3980 serves as an important support area; if price weakens, pay close attention to reactions around this level.
✅ 1-Hour Chart Analysis
From the 1-hour perspective, the previous short-term uptrend has paused, with 4030 turning into a crucial resistance zone. Support remains around 3985, where gold has repeatedly rebounded, showing continued buying interest. As long as this support holds, the bullish structure remains intact, and the upward potential could continue to expand. Traders can consider entering with normal position sizes near key support levels.
✅ Trading Strategy Reference
🔸Strategy 1 (Short Setup):
Sell in batches around 4030–4035,
Targets at 4000–3990,
If price breaks below, look for 3980 as the next target.
🔹Strategy 2 (Long Setup):
Buy in batches around 3980–3985,
Targets at 4020–4030,
If price breaks above, look for 4050 as the next target.
📊 Key Levels to Watch:
🔴Resistance: 4030–4046
🟢Support: 3980–3965
✅ Summary:
Gold remains in a high-level consolidation phase with a short-term bullish bias. A successful breakout above 4030 would confirm renewed upside momentum, while continued rejection at this level would likely keep the price oscillating within the range. In the short term, it’s best to trade the range — sell near resistance and buy near support — while adapting to market rhythm.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.