Gold Holds Key Support at 3945 – Bulls Still in Control for Now
You already know my opinion — under normal conditions, gold shouldn’t be trading in this zone.
Even though Israel approved the first phase of the Gaza deal, gold only made a small correction, not a strong bearish move.
The drop from 4058 to 3945 was likely driven by retail traders, not the big players.
🔼 Bullish Scenario:
Gold is now sitting at a critical zone.
If the price holds above 3945, the chances for an upward move are higher.
Potential targets are 4000, 4050, 4075, and 4100.
🔽 Bearish Scenario:
If gold breaks below 3945, it could open the way for a decline toward 3895 and 3825.
However, this seems unlikely for now since the price didn’t fall further yesterday, even when most traders expected it to.
⚠️The big buyers who created the bullish move haven’t started selling yet.
If a bearish wave does begin, it will likely happen when no one expects it — just like every previous bullish rally that started without news or clear reasons.
⚠️Be careful during the opening of the U.S trading session. It was at that time that Gold declined yesterday.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
You already know my opinion — under normal conditions, gold shouldn’t be trading in this zone.
Even though Israel approved the first phase of the Gaza deal, gold only made a small correction, not a strong bearish move.
The drop from 4058 to 3945 was likely driven by retail traders, not the big players.
🔼 Bullish Scenario:
Gold is now sitting at a critical zone.
If the price holds above 3945, the chances for an upward move are higher.
Potential targets are 4000, 4050, 4075, and 4100.
🔽 Bearish Scenario:
If gold breaks below 3945, it could open the way for a decline toward 3895 and 3825.
However, this seems unlikely for now since the price didn’t fall further yesterday, even when most traders expected it to.
⚠️The big buyers who created the bullish move haven’t started selling yet.
If a bearish wave does begin, it will likely happen when no one expects it — just like every previous bullish rally that started without news or clear reasons.
⚠️Be careful during the opening of the U.S trading session. It was at that time that Gold declined yesterday.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade active
📣GOLD Update
For now, gold remains on the rise with no sign of a single reversal.
Be careful because the Gold remains highly manipulated.
Central banks and whoever is behind this do not know what will happen next or what would have happened in 2 years. They are adding but this is another topic.
Gold started this crazy rise when Israel started the war in Gaza. By that I mean it was a year before Trump took office.
This means that it was not Trump who bought but he simply threw more fuel on the fire.
Those who started the price increase are not related to normal movements. So be careful because very high volume has accumulated on one side only.
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
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.