Gold remains under bearish pressure after facing strong rejection from the SBR Structure Shifting Zone (4075–4089). Price has now dropped into a significant RBS Demand Zone (3983–3987), where buyers are attempting to defend the market.
This area is a key decision point. A confirmed bullish reaction from demand could trigger a corrective rally, while a breakdown below support would expose lower price levels.
📈 Bullish Scenario
The 3983–3987 RBS Demand Zone is acting as the first line of defense for buyers.
Holding above this support may lead to a recovery toward the 4033 SBR Structure Shifting Zone.
If bulls reclaim 4033, the next upside target becomes the 4075–4089 SBR Supply Zone, where sellers are expected to re-enter.
📉 Bearish Scenario
Failure to hold above 3983 would invalidate the short-term bullish recovery.
A confirmed H1 close below this level could push Gold toward the next higher timeframe support around 3960 and potentially extend the bearish trend.
📊 Technical Confluence
✅ Price has reached a strong RBS Demand Zone after an impulsive bearish move.
✅ Descending trendline continues to maintain bearish market structure.
✅ RSI Bullish Divergence suggests downside momentum is fading and buyers may attempt a short-term recovery.
✅ Overall trend remains bearish until price breaks above the descending trendline and reclaims the 4033 resistance.
🎯 Key Levels
Resistance
4033 (SBR Structure Shifting Zone)
4075 – 4089 (Major SBR Supply Zone)
4113 – 4125 (Higher Timeframe Supply)
Support
3983 – 3987 (Primary RBS Demand Zone)
3960 (Major Weekly Support)
💡 Trading Plan
The preferred strategy is to wait for confirmation at the current demand zone.
A bullish engulfing candle or market structure shift on lower timeframes could provide buying opportunities toward 4033 and 4075.
However, if 3983 breaks with strong bearish momentum, sellers may continue driving price toward 3960.
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always wait for confirmation before entering any trade and apply proper risk management.
This area is a key decision point. A confirmed bullish reaction from demand could trigger a corrective rally, while a breakdown below support would expose lower price levels.
📈 Bullish Scenario
The 3983–3987 RBS Demand Zone is acting as the first line of defense for buyers.
Holding above this support may lead to a recovery toward the 4033 SBR Structure Shifting Zone.
If bulls reclaim 4033, the next upside target becomes the 4075–4089 SBR Supply Zone, where sellers are expected to re-enter.
📉 Bearish Scenario
Failure to hold above 3983 would invalidate the short-term bullish recovery.
A confirmed H1 close below this level could push Gold toward the next higher timeframe support around 3960 and potentially extend the bearish trend.
📊 Technical Confluence
✅ Price has reached a strong RBS Demand Zone after an impulsive bearish move.
✅ Descending trendline continues to maintain bearish market structure.
✅ RSI Bullish Divergence suggests downside momentum is fading and buyers may attempt a short-term recovery.
✅ Overall trend remains bearish until price breaks above the descending trendline and reclaims the 4033 resistance.
🎯 Key Levels
Resistance
4033 (SBR Structure Shifting Zone)
4075 – 4089 (Major SBR Supply Zone)
4113 – 4125 (Higher Timeframe Supply)
Support
3983 – 3987 (Primary RBS Demand Zone)
3960 (Major Weekly Support)
💡 Trading Plan
The preferred strategy is to wait for confirmation at the current demand zone.
A bullish engulfing candle or market structure shift on lower timeframes could provide buying opportunities toward 4033 and 4075.
However, if 3983 breaks with strong bearish momentum, sellers may continue driving price toward 3960.
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always wait for confirmation before entering any trade and apply proper risk management.
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.