Decline in accumulation - pay attention to the 4090 region.

Jul 24

1. Trend Overview

Current trend: Short-term Bearish with a Technical Recovery

Key signals:

Price has declined sharply from 4,150 to 4,022, forming a Lower High – Lower Low structure.
After reaching the 4,022 low, price staged a rebound but is still trading below the EMA 89 (4,068).
EMA 9 (4,045) has started to turn higher, indicating improving short-term buying momentum.
RSI (14) has recovered to around 49, suggesting that bearish momentum is fading, although there is still no confirmation of a bullish reversal.

👉 Conclusion: The selling pressure has eased, but the H1 trend remains bearish. The current rebound is more likely a technical pullback before the market determines its next directional move.

2. Current Price Structure
H1 Structure
Lower High: around 4,094
Lower Low: around 4,022
Current Price: around 4,056

Price is recovering from the recent low and is now approaching the resistance zone created by the previous breakdown.

This suggests that the market is retesting the supply area following the sharp decline.

3. EMA & RSI Analysis
EMA
EMA 9 is turning upward but remains below EMA 89.
Price is still trading below EMA 89.

→ The short-term bearish trend has not yet been reversed.

RSI (14)
RSI is around 49.
It has recovered from the oversold region back to the neutral zone.

This indicates that selling pressure has weakened, but bullish momentum is still not strong enough to confirm a trend reversal.

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SELL GOLD zone : 4087 - 4090

SL : 4095

TP : 4060 - 4044 - 4020

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Jul 24

Trade active

XAU recover , touch 4082 and down

Jul 26

Trade closed: target reached

The market continues to consolidate around 4100-4000, moving slowly.