🕰 Weekly Structure
Gold is still holding a bullish tone overall, with higher-timeframe demand zones supporting the structure. Momentum favors continuation as long as demand levels are respected.
📉 Daily View
Price recently broke structure (BOS) and confirmed buyers stepping in. The daily demand zone is aligned with the 4H block, adding confluence for bullish continuation.
⏱ 4H Breakdown
Price tapped into 4H demand around 3660–3670.
Clean rejection with a strong impulsive leg breaking above resistance.
Swing range remains intact with liquidity swept below before the move higher.
Upside target zone sits near 3730s, offering a solid risk-reward (around 1:6).
🔍 Outlook
Short-term pullbacks into 4H demand (3660–3680) = potential buy entries.
As long as demand holds, mid-term outlook remains bullish toward 3730+.
Failure to hold demand would re-open downside back into the swing range (~3640–3620).
Bias: ✅ Short-term pullback → Mid-term bullish continuation.
Gold is still holding a bullish tone overall, with higher-timeframe demand zones supporting the structure. Momentum favors continuation as long as demand levels are respected.
📉 Daily View
Price recently broke structure (BOS) and confirmed buyers stepping in. The daily demand zone is aligned with the 4H block, adding confluence for bullish continuation.
⏱ 4H Breakdown
Price tapped into 4H demand around 3660–3670.
Clean rejection with a strong impulsive leg breaking above resistance.
Swing range remains intact with liquidity swept below before the move higher.
Upside target zone sits near 3730s, offering a solid risk-reward (around 1:6).
🔍 Outlook
Short-term pullbacks into 4H demand (3660–3680) = potential buy entries.
As long as demand holds, mid-term outlook remains bullish toward 3730+.
Failure to hold demand would re-open downside back into the swing range (~3640–3620).
Bias: ✅ Short-term pullback → Mid-term bullish continuation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.