Short
Short 
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Selling pressure on gold, trendline 40651. Trend Overview
Current Trend: Short-term Bearish Bias (Range Breakdown Risk)
Key Signals:
Price remains below the EMA 89 (4,062), indicating that the medium-term trend is still under bearish pressure.
EMA 9 (4,059) has turned lower and is trading below the EMA 89, reflecting weakening bullish momentum.
Price is consolidating inside a symmetrical triangle, supported by an ascending trendline but capped by a descending resistance line.
RSI (14) is around 48, showing neutral momentum with no clear buying strength.
👉 Conclusion: The H1 outlook is cautiously bearish. Unless price breaks above 4,066–4,080, the triangle is more likely to resolve to the downside, exposing the 4,020 support area.
2. Current Price Structure
H1 Structure
Current Price: around 4,057
Immediate Resistance: 4,066–4,080
Major Resistance: 4,080–4,090
Nearest Support: 4,045
Key Support: 4,020
Price is trading near the apex of the triangle after failing to break above resistance several times.
This suggests the market is approaching a breakout point. A break below the rising trendline would likely confirm a bearish continuation toward 4,020, while a breakout above 4,066–4,080 would invalidate the bearish setup and shift momentum back to the upside.
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SELL GOLD zone : 4065 - 4068
SL : 4073
TP : 4055 - 4040 - 4022
--------------- Short 
The consolidation around 4000 continues, remaining stable.1. Trend Overview
Current Trend: Sideways within a broad range, with a short-term bearish bias
Key Signals:
Price continues to trade within a Symmetrical Triangle pattern that has been developing since early July.
The descending trendline remains dynamic resistance, with each successive swing high forming lower than the previous one.
EMA 9 (≈ 4,059) remains below EMA 89 (≈ 4,066), indicating that short-term momentum still favors the bears.
Price is trading below the EMA 89 and has yet to break above the dynamic resistance zone.
RSI (14) ≈ 45–46 remains below the neutral 50 level, suggesting that buying pressure is still relatively weak, although the market is not yet oversold.
The histogram remains below the zero line, indicating that bullish momentum has not yet been confirmed.
👉 Conclusion: The H1 trend remains bearish in the short term. However, as price approaches the apex of the symmetrical triangle, the market is likely to experience a strong breakout in either direction.
2. Current Price Structure
H1 Structure
Lower High: around 4,110
Higher Low: around 3,976
Current Price: around 4,045
Price is currently consolidating within a narrowing range between:
The descending trendline (upper boundary).
The ascending trendline (lower boundary).
This indicates an accumulation phase before the market chooses its next directional move.
Current Pattern:
Symmetrical Triangle → Consolidation → Breakout Pending
3. EMA & RSI Analysis
EMA
EMA 9 remains below EMA 89.
Price is trading below both moving averages.
→ Short-term momentum has not yet turned bullish.
RSI (14)
RSI is around 45–46.
No clear bullish divergence has formed.
→ Momentum remains relatively neutral but still slightly favors the downside.
4. Key Price Levels
Resistance
4,060–4,066: EMA 89 and immediate resistance.
4,110–4,140: Major supply zone and long-term descending trendline.
Support
4,000–3,976: Ascending trendline and key support zone.
If this support is broken, the next downside target could be 3,940–3,950. Short 
Continued accumulation - gold price around 4000✍️ NOVA hello everyone, Let's comment on gold price next week from 08/03/2026 - 08/07/2026
⭐️GOLDEN INFORMATION:
Gold price tumbles nearly 1.50% on Friday as the US Dollar recovers some ground after Japanese authorities intervened in the foreign exchange markets a day ago, driving the Greenback to a 30-day low before recovering, according to the US Dollar Index (DXY). The XAU/USD trades at $4,045.
XAU/USD drops as Treasury yields, Fed dissents and inflation risks pressure Bullion
The yellow metal is poised to finish the week with losses of over 0.11%, unable to decisively crack the $4,100 milestone. At the same time, the DXY, which tracks the performance of the buck’s value against six currencies, is down 0.05%, at 99.91, but failed to provide a tailwind for Gold prices as US Treasury yields are soaring.
⭐️Personal comments NOVA:
The market is consolidating around 4000-4100, and gold prices continue to be in a medium-term downward correction phase over a larger timeframe.
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $4110, $4139, $4165
Support: $4022, $3995, $3960
🔥 NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest Short 
Short 
Accumulation - H1 remains below 40701. Trend Overview
Current Trend: Short-term Bearish
Key Signals:
Price was strongly rejected from the 4,110–4,115 resistance zone, forming a Lower High.
Price continues to trade below the descending trendline (blue line), indicating that sellers remain in control.
EMA 9 (≈ 4,052) is near or slightly below EMA 89 (≈ 4,052), reflecting weakening short-term momentum with no clear bullish signal.
RSI (14) ≈ 46 remains below the neutral 50 level, suggesting that buying pressure is still weak while sellers maintain the advantage.
👉 Conclusion: The H1 bias remains bearish. As long as price stays below the 4,045–4,052 resistance zone and fails to break above the descending trendline, the probability of further downside toward lower support levels remains high.
2. Current Price Structure
H1 Structure
Lower High: around 4,085
Lower Low: around 4,035
Current Price: around 4,035
Following the sharp decline from the 4,110 area, price has only managed a weak recovery before continuing to form Lower Highs and Lower Lows, confirming that the bearish structure remains intact.
Current pattern:
Bearish Impulse → Weak Pullback → Bearish Continuation
This is a classic bearish continuation pattern commonly seen during short-term downtrends.
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SELL GOLD zone : 4070 - 4073
SL : 4078
TP : 4052 - 4035 - 4010
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Short 
Sideway - waiting for FOMC below 40501. Trend Overview
Current Trend: Short-term Bearish
Key Signals:
Price remains below EMA 89 (around 4,050), indicating that the medium-term trend has not yet turned bullish.
EMA 9 (around 4,035) is moving sideways following the recent rebound, reflecting weakening buying momentum.
Price rebounded from the 4,010 support area but was rejected just below the 4,045–4,050 resistance zone.
RSI (14) is hovering around 50, suggesting a neutral market with no clear momentum.
👉 Conclusion: Price is currently undergoing a technical rebound after the recent decline. As long as it remains below the 4,045–4,050 resistance zone, the probability of another move lower toward the support area remains high.
2. Current Price Structure
H1 Structure
Lower High: around 4,047
Nearest Support: around 4,010
Current Price: around 4,034
Following the rebound from the recent low, price is now testing a supply zone formed by EMA 89 and horizontal resistance.
This suggests that the market is in a pullback phase. If price fails to break above the current resistance, the structure is likely to continue following the pattern:
Pullback → Rejection → Bearish Continuation
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SELL GOLD zone : 4047 - 4050
SL : 4055
TP : 4030 - 4012 - 3990
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Scalping - retest entry SELL 4050 , continue down 1. Trend Overview
Current Trend: Short-term Bearish
Key Signals:
Price has broken below the ascending trendline (pink line), confirming that the previous bullish structure has been invalidated.
Following the breakdown, price attempted a retest of the broken trendline but failed and continued to weaken.
EMA 9 (≈ 4,042) remains below EMA 89 (≈ 4,068), confirming that bearish momentum is still dominant.
RSI (14) ≈ 29 has entered the oversold zone, indicating strong selling pressure while also warning of a possible short-term technical rebound.
👉 Conclusion: The H1 trend remains bearish. As long as price stays below the 4,042–4,068 resistance zone, sellers are likely to remain in control.
2. Current Price Structure
H1 Structure
Lower High: around 4,055
Lower Low: around 4,030
Current Price: around 4,030
After breaking below the ascending trendline, price has continued to form Lower Highs and Lower Lows, confirming that the bearish trend remains intact.
Current pattern:
Trendline Break → Failed Retest → Bearish Continuation
This is a classic bearish continuation pattern.
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SELL GOLD zone : 4040 - 4043
SL : 4048
TP : 4030 - 4012 - 4000
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Downtrend, trendline 40721. Trend Overview
Current Trend: Short-term Bearish
Key signals:
Price has broken below the ascending trendline (pink line), confirming that the previous bullish structure has weakened.
At the same time, price remains below the descending trendline (blue line), indicating that sellers are still in control.
EMA 9 (4,064) is below EMA 89 (4,073), confirming short-term bearish momentum.
RSI (14) ≈ 31 is approaching the oversold zone, reflecting strong selling pressure while also signaling the possibility of a technical rebound.
👉 Conclusion: The H1 bias remains bearish. As long as price stays below the 4,060–4,073 resistance zone, the probability of further downside remains high.
2. Current Price Structure
H1 Structure
Lower High: around 4,094
Lower Low: around 4,044
Current Price: around 4,044
After breaking below the ascending trendline, price has continued to form Lower Highs and Lower Lows, confirming that the bearish trend remains intact.
The current price action confirms the following pattern:
Trendline Break → Failed Retest → Bearish Continuation
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SELL GOLD zone : 4071 - 4074
SL : 4079
TP : 4055 - 4040 - 4022
--------------- Short 
Short 
Decline in accumulation - pay attention to the 4090 region.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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Scalping - Selling gold around 41171. Trend Overview
Current trend: Short-term Bearish within a medium-term Bullish context
Key signals:
Price has broken below the ascending trendline (red line).
EMA 9 (4,108) has turned downward, and price is trading below the EMA 9.
RSI (14) has declined to around 34–35, indicating that bearish momentum is currently dominating.
The histogram has turned negative, suggesting that short-term selling pressure is increasing.
👉 Conclusion: The current H1 bias is tilted toward a corrective bearish move, with a high probability of extending lower toward the 4,050–4,045 support zone before a significant buying reaction appears.
2. Current Price Structure
H1 Structure
Recent High: 4,164
Lower High: 4,117
Current Price: around 4,094
After forming a peak at 4,164, price failed to hold above the 4,117 area and has broken below the short-term support structure.
This confirms the following pattern:
Trendline Break → Failed Retest → Bearish Continuation
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SELL GOLD zone : 4115 - 4118
SL : 4123
TP : 4102 - 4082 - 4060
---------------- Short 
Scalping - Downward adjustment for H1: 41251. Trend Overview
Short-term trend: Bullish but showing signs of slowing down
Key signals:
Price has experienced a strong and continuous rally from the 4,060 area to above 4,140.
EMA 9 (4,118) remains above EMA 89 (4,059), indicating that the H1 uptrend is still intact.
The market structure continues to form Higher Highs and Higher Lows.
However:
The bullish momentum is gradually weakening.
Recent candles have formed a short-term top around 4,140–4,145, but price has failed to extend higher.
The RSI is beginning to cool down from overbought territory.
👉 Conclusion: The primary trend remains bullish, but the market is showing signs of short-term distribution, and a technical pullback is increasingly likely before the next directional move is confirmed.
2. SIGNAL
SELL GOLD zone : 4125 - 4128
SL : 4133
TP : 4110 - 4092 - 4070
Short 
Accumulation declines following the trendline.1. Trend
Main trend: Bearish
Price continues to form Lower Highs (LH) and Lower Lows (LL).
The upper descending trendline has been tested multiple times, and each test has attracted strong selling pressure.
The current structure remains in favor of sellers as long as price stays below the descending trendline.
Conclusion: The H1 trend remains bearish, and the current upward moves are mainly pullbacks within the broader downtrend.
2. Key Trendline
Descending Trendline (upper blue line)
Connects the highs around 4,200 → 4,120 → 4,060.
This is the strongest dynamic resistance in the current structure.
Price is currently approaching this trendline around 4,030–4,036.
➡️ A rejection from this area would significantly increase the probability of another downside move.
Descending Channel
Upper boundary: Descending resistance trendline.
Lower boundary: 3,930–3,960 zone.
Price is currently trading in the upper half of the channel, which is typically a favorable area for trend-following sellers.
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SELL GOLD zone : 4034 - 4037
SL : 4042
TP : 4024 - 4009 - 3985
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Selling pressure is expected to continue next week below 4000.1. Trend
Medium-term trend: Bearish
Price is moving within a descending channel.
The upper descending trendline continues to act as resistance.
EMA9 is below EMA89, confirming that bearish momentum remains dominant.
The market structure continues to form Lower Highs (LH) and Lower Lows (LL).
➡️ The main H4 trend remains bearish.
2. Price Structure
After forming a top around 4,360–4,400, price declined sharply.
Each rebound has been rejected at the descending trendline.
Price is currently pulling back toward the trendline zone around 4,015–4,030.
This area often acts as a retest zone before the downtrend continues.
3. Key Resistance
4,020–4,030
Immediate resistance.
Confluence of:
Descending trendline
EMA9
Previous breakdown zone
A rejection from this area would strongly favor further downside.
4,076
Intermediate resistance.
Coincides with the H4 EMA89.
4,200–4,205
Major resistance / strong supply zone.
A break above this area would be needed to confirm a medium-term reversal.
4. Key Support
3,961
Key support.
Recent swing low within the descending channel.
3,905
Next major support.
Marked as the extended downside target on the chart.
A break below 3,961 could extend the decline toward 3,905 → 3,850.
5. EMA Analysis
EMA9: Sloping downward.
EMA89: Slightly downward, acting as dynamic resistance.
Price remains below both EMAs.
➡️ Sellers remain in control of the H4 trend. Short 
