Technical analysis: So far Gold has failed at attempt to invalidate the #4,157.80 - #4,167.80 wall of Support lines on Hourly 1 chart, despite an #3-consecutive sessions of weakness and #1-Month old Resistance zone ahead. Since Support zone managed to showcase strong durability and Price-action delivering almost #45 point uptrend on Intra-day basis, such aggressive spike confirms that Support zone is now even stronger and that area represents the trend’s Ultimate Bottom. Keep in mind on the other side that #4,227.80 benchmark have to be invalidated firstly on Hourly 1 chart to continue the Buying sequence, and with DX on spiral downtrend, is the mix which is keeping Bullish Short-term bias alive. Even though the December #5 trendline was invalidated, Hourly 1 chart was on healthy Descending Channel, DX was testing it’s Short-term Resistance + most importantly Fundamentals which weren’t enough to invalidate much expected Support zone break where market speculators were preventing total Selling domination and full oscillation towards #4,142.80 - #4,152.80 Lower Low’s Lower zone. Interesting fractal on Hourly 4 chart where Price-action was Trading above the Upper zone of Bollinger bands, which was instantly rejected as always Price-action tends to Trade within Bollinger Bands since #2002 Year. Historically, last time Gold was rejected above the Bollinger Bands on Daily chart (January #6 #2021), Gold extended the Medium-term decline of more than #150 points on the aftermath.
My position: I had light break in past few sessions as I've met my Annual Profit Target Months ago and December always is surprise Month for Trading / manipulations, fake-outs etc. I didn't answered to all messages and I am back now with posting my free Daily analysis. I will not Sell Gold at all costs and will continue Buying Gold from my key entry points. Also my Medium-term Buys did the job many times in recent Months and will continue to do so in #2026 Year.
My position: I had light break in past few sessions as I've met my Annual Profit Target Months ago and December always is surprise Month for Trading / manipulations, fake-outs etc. I didn't answered to all messages and I am back now with posting my free Daily analysis. I will not Sell Gold at all costs and will continue Buying Gold from my key entry points. Also my Medium-term Buys did the job many times in recent Months and will continue to do so in #2026 Year.
- My official Telegram Channel: t.me/goldenBear88
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012' / support my analysis with 'like' if you already read it.
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012' / support my analysis with 'like' if you already read it.
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.
- My official Telegram Channel: t.me/goldenBear88
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012' / support my analysis with 'like' if you already read it.
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012' / support my analysis with 'like' if you already read it.
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.
