By analyzing the #Gold chart on the 4H timeframe, we can see that Gold once again followed our previous scenario with remarkable precision. Price reacted beautifully from the supply zone we had highlighted and triggered a heavy sell-off, eventually filling the gap that we had been monitoring for several sessions.
More importantly, once Gold entered the major demand zone around $4177 – $4235, buyers stepped in exactly as expected and triggered a strong recovery toward the $4327 region. In other words, the market first delivered a decline of more than 1000 pips and then followed it with a bullish rebound of similar magnitude.
Overall, this analysis captured roughly 2000 pips of price movement, with both sides of the scenario unfolding almost exactly as anticipated. I hope many of you managed to take advantage of these setups and navigate the market successfully.
Currently, Gold is trading around $4255. As long as buyers manage to defend the current demand zone and price stabilizes above it, the probability of further upside continuation increases.
From a structural perspective, the nearest demand zones are located around $4235 – $4255, followed by deeper support between $4177 – $4210. On the upside, the closest supply zones are located around $4290 – $4315, followed by a stronger resistance cluster between $4345 – $4375.
In my view, if buyers maintain control above the current demand area, the next upside targets to monitor are $4280, followed by $4300, then $4327, $4350, and potentially $4375 if bullish momentum continues to build.
For now, buyers appear to be regaining control from the current demand area, but price still needs to prove itself around the nearby supply zones. As always, we will continue to monitor the market step by step and update this analysis as new opportunities develop.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
More importantly, once Gold entered the major demand zone around $4177 – $4235, buyers stepped in exactly as expected and triggered a strong recovery toward the $4327 region. In other words, the market first delivered a decline of more than 1000 pips and then followed it with a bullish rebound of similar magnitude.
Overall, this analysis captured roughly 2000 pips of price movement, with both sides of the scenario unfolding almost exactly as anticipated. I hope many of you managed to take advantage of these setups and navigate the market successfully.
Currently, Gold is trading around $4255. As long as buyers manage to defend the current demand zone and price stabilizes above it, the probability of further upside continuation increases.
From a structural perspective, the nearest demand zones are located around $4235 – $4255, followed by deeper support between $4177 – $4210. On the upside, the closest supply zones are located around $4290 – $4315, followed by a stronger resistance cluster between $4345 – $4375.
In my view, if buyers maintain control above the current demand area, the next upside targets to monitor are $4280, followed by $4300, then $4327, $4350, and potentially $4375 if bullish momentum continues to build.
For now, buyers appear to be regaining control from the current demand area, but price still needs to prove itself around the nearby supply zones. As always, we will continue to monitor the market step by step and update this analysis as new opportunities develop.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Trade active
By analyzing the #Gold chart on the 4H timeframe, we can see that after our previous update, Gold extended its decline and pushed into lower demand levels. Once price reached the $4123 region, buyers stepped in aggressively and triggered a rebound toward $4183.However, bulls failed to maintain control and sellers regained momentum once again, pushing Gold back toward the $4145 area. This confirms that bears are still active and that the market remains under heavy selling pressure.
From a structural perspective, the key level to watch now is the major demand zone around $4119. Whether buyers can successfully defend this area or not will likely determine the next major move.
The nearest demand zones are located around $4119 – $4140, followed by deeper structural support between $4050 – $4080. On the upside, the closest supply zones are located around $4180 – $4200, followed by a stronger resistance cluster between $4230 – $4255.
In my view, traders should closely monitor price behavior around the $4119 region. If Gold manages to stabilize above this area, another short-term recovery could develop. However, a decisive break below this key support would expose lower liquidity levels and increase the probability of another bearish leg.
For now, the reaction around this critical zone remains the most important factor to watch.
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📘 Wanna Learn ICT & SMC? Get the Full Book Here : bit.ly/ICT-BOOK
⚜️ Free Telegram Channel : telegram.me/PriceAction_ICT
⚜️ JOIN THE VIP 👉 t.me/ArmanShabanTrading
⚜️ Free Telegram Channel : telegram.me/PriceAction_ICT
⚜️ JOIN THE VIP 👉 t.me/ArmanShabanTrading
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.
