Good evening, everyone!
Today, gold faced resistance and pulled back when it approached the 3900 level—something I had already reminded you of yesterday. Key support remains at 3848–3842, with stronger support at 3826–3814. Those who followed my trading guidance captured this move very well, and I believe some of you who only followed the strategy also made profits—congratulations to all of you!
Currently, the market is in a recovery phase after a sharp drop. On the rebound, pay close attention to resistance around 3852–3858 and 3867. The probability of a straight, one-way rally is low. I tend to believe the market is forming a multi-bottom structure here, which would give the next upward move more strength and a higher chance of testing—or even breaking above—3900. So, if the price pulls back before touching resistance or retreats after an initial test, there’s no need to panic—just stay alert for opportunities.
Another key point: on the 4H chart, important support has now shifted upward to around 3826. This level is critical—if it breaks, strong bearish sentiment could form on the 4H chart, potentially driving prices below 3800, with the next key support near 3780.
No matter how the market moves, as long as we keep pace with the rhythm, it’s always an opportunity to profit. The bigger the volatility, the higher the potential gains.
Today, gold faced resistance and pulled back when it approached the 3900 level—something I had already reminded you of yesterday. Key support remains at 3848–3842, with stronger support at 3826–3814. Those who followed my trading guidance captured this move very well, and I believe some of you who only followed the strategy also made profits—congratulations to all of you!
Currently, the market is in a recovery phase after a sharp drop. On the rebound, pay close attention to resistance around 3852–3858 and 3867. The probability of a straight, one-way rally is low. I tend to believe the market is forming a multi-bottom structure here, which would give the next upward move more strength and a higher chance of testing—or even breaking above—3900. So, if the price pulls back before touching resistance or retreats after an initial test, there’s no need to panic—just stay alert for opportunities.
Another key point: on the 4H chart, important support has now shifted upward to around 3826. This level is critical—if it breaks, strong bearish sentiment could form on the 4H chart, potentially driving prices below 3800, with the next key support near 3780.
No matter how the market moves, as long as we keep pace with the rhythm, it’s always an opportunity to profit. The bigger the volatility, the higher the potential gains.
I’ve created a channel where I’ll be posting market analysis and trading signals.
Feel free to join—it makes it easier to follow updates, and you can also contact me directly if you have any questions.
t.me/+h6RM5RdP6X9hNmI8
Feel free to join—it makes it easier to follow updates, and you can also contact me directly if you have any questions.
t.me/+h6RM5RdP6X9hNmI8
Related publications
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.
I’ve created a channel where I’ll be posting market analysis and trading signals.
Feel free to join—it makes it easier to follow updates, and you can also contact me directly if you have any questions.
t.me/+h6RM5RdP6X9hNmI8
Feel free to join—it makes it easier to follow updates, and you can also contact me directly if you have any questions.
t.me/+h6RM5RdP6X9hNmI8
Related publications
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.