🚨 GOLD Technical Outlook – 4H Chart Insight! 🕵️♂️✨
📉 First, we spotted a Bearish Engulfing pattern that created a strong Sell Zone, signaling downward pressure. But guess what? The market wasn't ready to give up just yet…
📈 From the lower end, a powerful Bullish Engulfing stepped in like a hero, offering solid support and pushing the market back up!
Now here's where it gets exciting:
🔥 Gold has formed another bullish engulfing pattern, and the price is once again knocking on the door of that Sell Zone.
🤔 What's next?
A rejection from this sell zone could trigger another drop 📉
But keep an eye on the overlapping support zone below — if price revisits and holds there, we could see a bullish bounce toward the upside again! 🚀
📌 Key takeaway: We’re at a decision point. The next move could be explosive — up or down. Stay sharp! 🔍
⚠️ DYOR – Do Your Own Research! 🚫 This is not financial advice — just a trader's perspective.
📉 First, we spotted a Bearish Engulfing pattern that created a strong Sell Zone, signaling downward pressure. But guess what? The market wasn't ready to give up just yet…
📈 From the lower end, a powerful Bullish Engulfing stepped in like a hero, offering solid support and pushing the market back up!
Now here's where it gets exciting:
🔥 Gold has formed another bullish engulfing pattern, and the price is once again knocking on the door of that Sell Zone.
🤔 What's next?
A rejection from this sell zone could trigger another drop 📉
But keep an eye on the overlapping support zone below — if price revisits and holds there, we could see a bullish bounce toward the upside again! 🚀
📌 Key takeaway: We’re at a decision point. The next move could be explosive — up or down. Stay sharp! 🔍
⚠️ DYOR – Do Your Own Research! 🚫 This is not financial advice — just a trader's perspective.
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.