Again, will gold go bearish? Today's H4 Analysis

Hello everyone, I have some fresh updates on the gold market. The pace at which gold is currently moving is relatively quick, having already shattered two resistance levels.

If we consider an alternative scenario, the levels of 1938 and 1940 are now seen as viable resistances.

It appears that there is a considerable bearish momentum in the market. If the 1928 & 1930 support levels give way, we should brace ourselves for our final target which lies at the 1916 & 1903 marks.

please note that financial markets can be unpredictable, and it's essential to consider various factors and perform thorough analysis when making trading decisions.

If you like our analysis, then you can boost our posts. You can leave a comment in the comment section.

Good luck and best wishes to everyone.

Trade active:

Lets Go

Comment:

XAUUSD SELL Zone 1937-40

Take Profit : 1930
Take Profit : 1923

Stop Loss : 1950

Invest wisely - Your profit is our success! 🚀

Comment:

Running 20+ pips

Comment:

Running 40+ pips

Your profit is our success!

Comment:

Wow Running 60+ pips Pro Work Only MsPro Trading

Comment:

First FULL TP 80+ pips Successfully Achieved

Gold Moving Like We Said Pro Trading Only MsPro Trading

Your profit is our success!

Trade closed: target reached:

Full Target Achieved TP2 SUCCESSFULLY COMPLETED 170+ pips

Your Profit is our success!

Trade closed: target reached:

1916 Target Done 230+ pips Successfully Achieved

Your Profit is our success!

Trade closed: target reached:

As we said that our target of 1903 will definitely be met, so see 1903 gold has been hit. Congratulations to all who trusted us and traded with us.

330+ pips done ✅