GOLD ANALYSIS TODAY
Gold remains in an uptrend within the H4 timeframe after breaking the previous high at 4046.
If bullish momentum continues, the next target is the daily high around 4154.
Focus on buying opportunities as long as the market maintains its uptrend structure.
If the price pulls back, expect a retest of the M30 structure near 4030 — and if that level breaks, price may continue to drop toward the H4 rejection zone around 4000.
For selling opportunities, wait for a confirmed break below the M30 low to validate a potential reversal setup.
Gold remains in an uptrend within the H4 timeframe after breaking the previous high at 4046.
If bullish momentum continues, the next target is the daily high around 4154.
Focus on buying opportunities as long as the market maintains its uptrend structure.
If the price pulls back, expect a retest of the M30 structure near 4030 — and if that level breaks, price may continue to drop toward the H4 rejection zone around 4000.
For selling opportunities, wait for a confirmed break below the M30 low to validate a potential reversal setup.
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.