BRIAN XAUUSD – GOLD BUILDING A BULLISH RECOVERY STRUCTURE
Gold is showing a stronger recovery structure on the H1 chart after defending the lower Volume Profile area and breaking back above the previous compression range. Price is no longer moving in a clean sell-off. Buyers are starting to build acceptance above the lower liquidity base.
The current structure suggests that gold may continue higher if price holds above the main buy zone and respects the high-volume support areas below.
Technical structure
On the H1 chart, gold reacted strongly from the lower POC area and pushed back above the previous value zone.
The market is now pulling back towards the Buy zone liquidity around 4,154. This is the main area I am watching for a possible buy reaction. If buyers defend this zone, gold can continue the recovery towards the upper liquidity area around 4,363.
The rising trendline below also supports the idea that buyers are trying to build a short-term bullish structure. As long as price stays above the lower value zones, pullbacks can be treated as buy opportunities rather than bearish continuation.
Important zones
Buy zone liquidity: 4,154
Main buy area and short-term decision zone.
Buy scalping VAL: 4,105 - 4,115
Secondary support if price pulls back deeper.
High liquidity POC area: 4,075 - 4,085
Deeper buy-reaction zone and lower value support.
Liquidity target: 4,363
Main upside liquidity target if bullish momentum continues.
Trendline support:
Short-term bullish structure support.
Trading scenario
Buy reaction at 4,154
Entry:
Look for buy positions only if price pulls back into the 4,154 liquidity zone and shows clear bullish rejection.
Stop Loss:
Below the buy zone or below the local swing low.
Take Profit:
TP1: 4,200
TP2: 4,240
TP3: 4,363 liquidity zone
This setup is based on the main liquidity support above the Volume Profile base, where buyers may defend the next pullback.
Final view
Gold is shifting from a bearish sell-off into a short-term recovery structure on H1.
The main plan is to wait for price to retest the 4,154 liquidity zone and watch for buy confirmation. If this area holds, gold can continue the bullish correction towards 4,240 and potentially 4,363.
Trade the retest. Respect the volume zone.
Xauusdtrend
Two-Way profits ahead: Rebound meets bearish trend!Gold rebounded from around 4023, but failed to maintain yesterday's strong upward momentum, instead entering a range-bound trading pattern. While the bulls gained some breathing room, a clear divergence emerged between bulls and bears, resulting in a lack of conviction on both sides. Currently, it is indeed in a rebound and correction phase after an oversold condition, but the single bullish candlestick on the daily chart is insufficient to reverse the overall downward trend. Therefore, gold may continue its downtrend after the rebound.
Furthermore, from a cyclical perspective, after the sharp drop in the short term, market sentiment is insufficient to quickly organize a bullish counterattack. During the period of restoring market sentiment, gold faces several obstacles in its rebound and correction phase, requiring time to recover market sentiment. Technically, this means time for repeated testing and verification of support levels. Therefore, gold may continue to fall after the rebound. However, with the bulls having gained some breathing room, the current support level has moved up to 4160-4140, followed by the 4110-4090 area. Short-term resistance is mainly focused on the 4230-4250 area, followed by the 4300-4320 area.
Therefore, in terms of short-term trading, if gold touches the 4225-4245 area again, I will still consider shorting gold; if gold first retraces to the 4165-4145 area, I will consider trying to go long on gold.
From ATH to Range, Is Gold Entering Distribution Phase?Hi Guys 👋
🥇 The global gold ounce has completed its uptrend, and a ranging phase has begun.
📌 By analyzing the daily chart of gold, we can observe a very strong bullish trend that ultimately led to the formation of an all-time high around $5,600 per ounce. Following this peak, the market started to form lower highs and lower lows, with recent lows being taken out, signaling a transition into a downward range structure.
📌 Based on the current price action, it can be concluded that the bullish trend has come to an end, and the market has now entered a transitional phase characterized by a bearish range.
💡 Key supply and demand levels have been identified as illustrated. There are three major supply zones ahead of the price, where bearish reactions are likely upon contact. On the downside, the highlighted demand zone, aligned with the critical psychological support at $4,000 plays a crucial role in price behavior.
📌 It is expected that in the coming days, the price will continue to move sideways within these supply and demand zones, respecting the defined range.
😊 I’d be happy to hear your thoughts.
⚠️ This analysis reflects the analyst’s personal view and does not constitute financial advice.
Sincerely,
Hossein Poursaei
The rebound lacks strength. Sell at 4250.From a technical perspective, the bearish structure on the weekly chart persists; the Bollinger Bands are opening downwards, and the MACD indicator remains weak, signaling a bearish medium-term trend. The $4,000 level is currently showing strong support, and the RSI has entered oversold territory, indicating a potential for a technical rebound.
The daily chart shows a bottoming pattern forming, with short-term moving averages in a bearish alignment but the trend slowing. $4250 is a strong resistance level; stabilizing above this level could lead to continued upward movement. Support lies at $4150; a pullback that doesn't break below this level will likely continue the sideways trend.
The 4-hour chart indicates waning rebound momentum and weak short-term bullish strength, suggesting a risk of a pullback after any initial spike. On Monday, pay attention to the $4250 level at the Asian open. If it fails to break through effectively, consider shorting at this level with a target of $4150-$4130.
Gold Is Facing Short-Term Correction Pressure📊 Market Overview:
Gold is currently trading around $4,200/oz, down approximately 0.3% during the session. This weakness is mainly driven by profit-taking after the recent rally. Although geopolitical tensions continue to provide long-term support for gold, the lack of fresh bullish catalysts in the short term has allowed sellers to gain a slight advantage.
📉 Technical Analysis:
• Key Resistance: $4,207 and $4,220
• Nearest Support: $4,186 and $4,171
• EMA: The current price is around $4,198, trading below the EMA 09 ($4,206), indicating that short-term bearish momentum remains dominant.
• Candlestick Pattern / Volume / Momentum: RSI is currently at 55, suggesting a neutral market with a slight corrective bias. Trading volume remains stable but lacks the strength needed to break above the EMA 09 resistance zone.
📌 Outlook:
Gold may continue its short-term correction if the price fails to break and close above the $4,206 level. If sellers push the price below $4,186, the bearish trend could gain further confirmation.
💡 Suggested Trading Strategy:
🔻 SELL XAU/USD: 4,217 – 4,220
• 🎯 TP: 40 / 80 / 200 pips
• ❌ SL: 4,225
🔺 BUY XAU/USD: 4,170 – 4,175
• 🎯 TP: 40 / 80 / 200 pips
• ❌ SL: 4,167
Gold Moves Sideways Around 4,200, Bias Remains Bearish📊 Market Overview:
Gold (XAU/USD) is currently fluctuating around the $4,200/oz area after recovering from a recent short-term low, but it has yet to break above the strong resistance zone overhead. The market continues to be influenced by expectations that the Fed will maintain higher interest rates for longer to control inflation. Meanwhile, the U.S. dollar and Treasury yields remain stable, limiting gold's upside potential.
📉 Technical Analysis:
Key Resistance Levels:
• 4,225 – 4,245
• 4,280 – 4,300
Nearest Support Levels:
• 4,180 – 4,170
• 4,120 – 4,100
EMA:
• Price is currently trading below the EMA 09 on the H1 timeframe, suggesting that the short-term trend remains bearish and a sustainable recovery has not yet been confirmed.
Candlestick / Volume / Momentum:
• Multiple consecutive small-bodied candles indicate a consolidation phase.
• Trading volume has declined compared to previous sessions.
• Bearish momentum has slowed, but buying pressure remains insufficient to trigger a breakout.
• RSI is hovering around the neutral zone, reflecting a balance between buyers and sellers.
📌 Outlook:
Gold may decline further in the short term if price continues to be rejected within the 4,225 – 4,245 resistance zone and breaks below the 4,180 support level. Conversely, if buyers gain enough strength to push above 4,245, the recovery could extend toward the 4,280 – 4,300 area.
💡 Suggested Trading Strategy:
🔻 SELL XAU/USD: 4242 – 4245
🎯 TP: 40 / 80 / 200 / 300 pips
❌ SL: 4250
🔺 BUY XAU/USD: 4103 – 4100
🎯 TP: 40 / 80 / 200 / 300 pips
❌ SL: 4095
Positive signal. Trading within the 4160-4250 range.On Thursday, Trump officially announced a halt to military strikes against Iran, while also releasing positive signals that the US and Iran might reach an agreement by the weekend, which boosted gold prices significantly, with gold closing with a large bullish candlestick on the daily chart.
Following the Asian market open, the price is hovering near the 5-day moving average. The overall moving average structure remains in a bearish alignment with a downward trajectory, indicating that the medium-to-long-term weak trend has not yet fully reversed.
For the final trading day of the week, the focus is on the sustainability of this rebound. If bullish momentum persists and the upward trend continues, watch for resistance in the 4250–4270 range—a zone that previously served as a key level for support-resistance flipping. The key support level to watch is around 4160, which is currently the most critical support level.
Short-term trading involves buying and selling within the range of 4160-4250. A decisive trend reversal may begin next week.
If it fails to break above 4220, one can still go short.After a continued sharp decline, the market rebounded from its lows, temporarily completing the process of bottom-level consolidation and recovery; it is currently stabilizing above the 4200 level, though a full trend reversal has not yet been achieved.
However, after the accelerated decline, the short-selling momentum that needed to be released has been largely exhausted, and the bottoming process after the sharp drop is complete. A significant, strong rally is needed to signal genuine stabilization; if the price merely rebounds slightly only to stall or consolidate at low levels, the market remains weak and could face renewed downward pressure on the lows.
In the short term, pay attention to whether the 4220 level can be broken, which is also the level where the sharp drop started on Tuesday. If it cannot be broken strongly, it will remain under pressure.
Short-term strategy: Short at 4220; targets at 4170–4150.
Gold Falls Below 4100, Bearish Pressure Remains Dominant📊 Market Overview:
Gold (XAU/USD) is currently trading around 4,080 – 4,090 USD/oz, after dropping to nearly 4,022 USD/oz, its lowest level in more than six months. Selling pressure continues as markets remain concerned about rising U.S. inflation and the possibility that the Federal Reserve (Fed) will maintain its restrictive monetary policy for longer than expected.
The U.S. Dollar and Treasury yields remain elevated, while investors are awaiting additional U.S. PPI data to assess the future outlook for interest rates.
📈 Technical Analysis:
• Price is trading below short-term and medium-term EMAs.
• Near support: 4060 – 4020
• Key psychological support: 4000
• Near resistance: 4120 – 4160
• Strong resistance: 4200
Bearish momentum remains dominant despite a technical rebound from recent lows. If gold fails to reclaim the 4120 – 4160 area, the short-term downtrend is likely to continue.
🔍 Outlook:
The short-term trend remains bearish. The market is focused on inflation data and Fed policy expectations. The 4000 level is a critical support zone; if broken, gold could extend its decline in the coming sessions.
🔻 SELL XAU/USD: 4122 - 4125
🎯 TP: 40 / 80 / 200 / 300 pips
🛑 SL: 4130
🔺 BUY XAU/USD: 4003 - 4000
🎯 TP: 40 / 80 / 200 pips
🛑 SL: 3995
Wait for a rebound to the 4115–4125 range to sell.On Wednesday, the gold market plummeted by over 4%; threats of military action by Trump drove up oil prices and U.S. Treasury yields, triggering the sharp decline in gold prices. Additionally, the latest U.S. inflation report released on Wednesday showed persistently high prices, reinforcing expectations that interest rates could remain elevated for longer—a factor that also weighed on gold.
From a technical perspective, gold has decisively shifted into a downtrend, and the prevailing bearish momentum persists; this remains the primary strategy for short-term trading. The drop from 5,400 in March to 4,000 indicates that the market will likely experience a broad, oscillating downward trend over the next two to three months, driven by weak market sentiment and continued selling pressure from the bears.
During early Asian trading on Thursday, the price retraced to a low of 4,024 before staging a modest rebound. The initial resistance level lies near 4,115; touching this point presents an opportunity to initiate short positions. A secondary resistance level is located near 4,125, serving as a spot for a second bearish entry; a rebound to this level allows for adding to short positions, with targets set at the 4,020–4,030 support zone.
Gold Breaks 4180, Targets 4150📊 Market Overview:
- Gold prices continued to face strong selling pressure during the June 10 session as the U.S. dollar maintained its recovery and U.S. Treasury yields remained elevated. In addition, market sentiment remains cautious ahead of key U.S. economic data releases, prompting investors to temporarily move funds away from safe-haven assets such as gold.
- Currently, XAU/USD has fallen to around 4175 USD/oz, breaking below the important support level at 4180 USD and indicating that sellers remain in control of the short-term trend.
📉 Technical Analysis:
Key Resistance Levels:
• 4188 – 4195
• 4205 – 4215
Nearest Support Levels:
• 4168 – 4172
• 4145 – 4155
• EMA: Price remains below the EMA 09 on both the H1 and H4 timeframes → bearish trend remains dominant.
Candlestick / Volume / Momentum:
• Consecutive long bearish candles have appeared on the H1 chart.
• Trading volume has increased during declines, indicating strengthening selling pressure.
• H1 RSI remains below the neutral 50 level, reflecting strong bearish momentum.
• After breaking below the 4180 support zone, no reliable reversal signal has emerged yet.
📌 Outlook:
Gold may continue to decline in the short term if prices remain below the 4195 USD area. Should selling pressure intensify further, the 4150 USD zone could become the next target for bears. Conversely, prices need to break back above 4205 USD to weaken the current bearish trend.
💡 Suggested Trading Strategy:
🔻 SELL XAU/USD: 4190 – 4195
🎯 TP: 40 / 80 / 200 / 300 pips
🛑 SL: 4200
🔺 BUY XAU/USD: 4148 – 4145
🎯 TP: 40 / 80 / 200 pips
🛑 SL: 4140
The downward trend continues. Sell on a rebound to 4220.Technical analysis of the 4-hour chart reveals that the price is moving within a standard bearish channel; the lower Bollinger Band is sloping downward, indicating a bearish alignment. A "death cross" formed by the MA20 and MA60 moving averages is exerting downward pressure, and repeated failed attempts to break above the MA20 resistance confirm the bears' firm control. Although the KDJ indicator has entered oversold territory, there are no clear signs of divergence, suggesting limited potential for a technical rebound.
The 1-hour chart shows a complete short-term downtrend structure with significant top-to-bottom reversal characteristics. During the US session on Tuesday, the price faced resistance after rebounding to 4250 and subsequently retreated, forming a classic bearish continuation pattern. The short-term moving average alignment remains bearish, and the decline is accompanied by volume, indicating persistent selling pressure. Following the break below the 4200 mark during the Asian session, this level has shifted from support to resistance; unless the price can stabilize above 4200 during the day, the downward trend is likely to continue.
Short-term trading strategy: Go short on a rebound to the 4220 area, with targets at 4170–4150.
Gold Is Facing Short-Term Correction Pressure📊 Market Overview:
Gold prices are experiencing mild corrective pressure during today's trading session. Market sentiment remains cautious ahead of upcoming U.S. economic data releases, while the U.S. dollar continues to show resilience, making it difficult for gold to break decisively above its current price zone around $4,332.
📉 Technical Analysis:
• Key Resistance Levels: $4,345 (recent high) and $4,360.
• Nearest Support Levels: $4,321 (EMA 9 area) and $4,268.
• EMA: Gold is currently trading around $4,332, close to the SMA/EMA 9 at $4,327. Price action hovering near this moving average suggests the market is consolidating and lacks strong directional momentum.
• Candlestick Pattern / Momentum: The RSI is currently around 39, indicating that sellers still hold a slight advantage. Bearish pressure remains visible on the 4-hour timeframe, as recent candles have failed to close above short-term resistance levels.
📌 Outlook:
Gold may continue to move sideways or decline slightly if it fails to break above the $4,345 resistance zone. Remaining below this level could increase selling pressure and push prices toward the $4,321 support area.
💡 Suggested Trading Strategy:
🔻 SELL XAU/USD: 4,362 – 4,365
🎯 TP: 40 / 80 / 200 / 300 pips
❌ SL: 4,370
🔺 BUY XAU/USD: 4,320 – 4,323
🎯 TP: 40 / 80 / 200 / 300 pips
❌ SL: 4,317
A new low. Sell at 4290-4300.Affected by the international situation, the gold market rebounded slightly before falling rapidly, and after breaking through the 4300 support level, it hit a low of 4236.
Looking at the 1-hour chart, the overall trend shows that the price has broken through the short-term support zone continuously. The K-line continues to maintain a good downward trend along the short-term moving average. The Bollinger Bands are expanding rapidly downward, and the moving average system is forming a strong resistance effect.
In the absence of significant positive news, focus on the area near the MA10 (4290) and the 4300 zone where the MA20 and Bollinger Bands converge. If a rebound from the lows reaches this range, a short-selling strategy remains appropriate; consider closing positions once a profit of approximately 30–40 points is achieved to mitigate the risk of sudden market volatility driven by news developments.
Gold Faces Resistance at 4340, Risk of Further Decline Increases📊 Market Overview:
Gold prices remain under selling pressure after stronger-than-expected U.S. employment data and rising Treasury yields. During the June 9 session, spot gold (XAU/USD) fluctuated between 4,320 – 4,340 USD/oz, after briefly falling near 4,320 USD/oz, the lowest level in nearly two months.
📉 Technical Analysis:
Resistance:
• 4,340 USD
• 4,355 USD
• 4,400 USD
Support:
• 4,320 USD
• 4,300 USD
• 4,270 USD
Technical Signals:
• Price remains below medium-term EMAs.
• The short-term downtrend remains dominant after breaking several key support levels last week.
• Multiple analyses suggest that the H4 and D1 structures remain bearish, favoring sell positions on rebounds toward resistance zones.
🔍 Outlook:
Sellers continue to control the market. Rising U.S. Treasury yields and expectations that the Fed will maintain higher interest rates for longer are reducing gold's appeal.
If XAU/USD fails to reclaim the 4,355 USD area, the risk of a decline toward 4,300 USD and potentially 4,270 USD remains high. Conversely, strong buying interest around 4,320 USD could trigger a technical rebound toward 4,355–4,400 USD.
💡 Suggested Trading Strategy:
🔻 SELL XAU/USD: 4,352 – 4,355
🎯 TP: 40 / 80 / 200 / 300 pips
🛑 SL: 4,360
🔺 BUY XAU/USD: 4,267 – 4,270
🎯 TP: 40 / 80 / 200 pips
🛑 SL: 4,262
Trade within the 4350-4310 range and wait for a breakout.From a technical perspective, the current modest price rebound cannot yet be definitively classified as a trend reversal; it could signal either a bullish turnaround or merely a pause before the bearish trend resumes.
If the daily chart closes higher on Tuesday, it would signal a bottoming-out and reversal for the weekly trend; conversely, if it fails to do so, the move would simply be a continuation pattern within a downtrend, and the market's weakness would persist. Based on current market action, however, a reversal is the more probable scenario.
Key overhead resistance currently lies near the 4350 level. On the 4-hour chart, the price has posted three consecutive bullish candles at the lows; while this indicates emerging upward momentum, the bottom has not yet fully stabilized. For the market to show genuine strength, it must break above 4350; following such a breakout, the next hurdle would be the resistance at the Bollinger Bands' middle track near 4400.
Consequently, the current rebound is taking place within a range-bound environment. Building on Monday's gains, the short-term outlook favors continued recovery, with downside support located near 4310. Trading should focus on the range between these support and resistance levels; should a breakout occur in either direction, positions should be closed immediately to allow for a strategy adjustment while observing the market's next move.
The downward trend continues. Sell on a rebound to the 4330–4350After previously fluctuating at low levels, the market experienced a sharp decline; last Friday, driven by the Non-Farm Payrolls data, bears regained control, causing the price to plummet and break through key levels.
During early Asian trading on Monday, the price staged a modest rebound to around 4353 before retreating, continuing its extremely weak trend. It broke below the 4300 support level as market panic persisted.
The price has since touched a low near 4268. The overall trend is downward, having breached critical support; a one-sided bearish trend is confirmed. Bearish momentum remains strong, and the price continues to face downward pressure in the short term.
Short-term trading strategy: Initiate short positions in stages within the 4330–4350 range. Target levels below 4300; hold positions if the level breaks, and monitor the area around 4250.
The rebound lacks strength. Sell on a rebound to 4350.On Monday, international gold prices extended their decline, hitting their lowest level in over two months. This follows a strong U.S. employment report that sparked market concerns regarding Federal Reserve interest rate hikes; meanwhile, a renewed escalation of hostilities in the Middle East drove up oil prices and intensified fears of inflation.
After breaking below the 4,300 support level during early Asian trading, the price briefly fell to $4,268—its lowest point since March 23. It rebounded after touching this low, reaching a high near 4,346, though the recovery lacked significant momentum.
Looking at the 1-hour chart, if you want to continue shorting and look for resistance, then the highest point of the Asian session rebound, around 4350, is the resistance level to try to continue shorting. Although the overall market is showing relatively strong resistance to decline, before a strong breakout and stabilization above 4350, the shorting strategy should still be maintained, with a target of 4300. If it breaks below, you can continue to hold.
Gold Faces Risk of Declining to 4275📊 Market Overview:
Gold prices (XAU/USD) remain under selling pressure as strong U.S. economic data reduces expectations for an early Fed policy easing. The U.S. dollar continues to strengthen while Treasury yields remain elevated, causing funds to temporarily move away from gold.
During today's session, gold dropped to the 4300 USD/oz area, a key psychological support level. Dip-buying emerged around this zone, but it has not been strong enough to confirm a new bullish trend.
📉 Technical Analysis:
• Key Resistance:
4335 – 4340
4360 – 4370
• Nearest Support:
4300 – 4295
4275 – 4280
• EMA: Price remains below the EMA 09 on the H1 timeframe → short-term trend remains bearish.
• Candlestick / Volume / Momentum:
Long lower wicks around 4300 indicate defensive buying interest.
Trading volume remains average, with no breakout volume confirming a reversal.
RSI and momentum indicators remain below neutral levels, showing sellers still dominate.
If price continues forming lower highs below 4340, the downtrend is likely to continue.
📌 Outlook:
Gold may continue declining in the short term if the 4300 support is decisively broken. The next downside targets would be 4280 and then 4250.
Conversely, if buyers successfully defend 4300 and push price above 4340, gold could recover toward 4360–4370.
💡 Suggested Trading Strategy:
🔻 SELL XAU/USD: 4365 - 4370
🎯 TP: 40 / 80 / 200 / 300 pips
🛑 SL: 4375
Buy and sell at the edge of the 4300-4370 range.From a comprehensive market perspective, the daily chart shows that the bearish signals have been fully realized, with gold prices successively breaking through the 5-day, 10-day, and 20-day short-term moving averages and the 200-day key medium-to-long-term moving average. The moving averages have turned from support to persistent resistance, forming a standard bearish pattern. The KDJ indicator has turned downward from high levels and continues to diverge, while the MACD green histogram is expanding, indicating a steady release of bearish momentum.
The 4-hour chart shows a continuous downward structure, with prices breaking through key support levels step by step, confirming a clear bearish trend. The Bollinger Bands are widening downwards, with gold prices trading near the lower band and the middle band acting as strong resistance. Below the zero line, the MACD green histogram continues to expand and the signal lines extend downward, signaling robust bearish momentum. Previous support from the trading range has turned into resistance, and there are currently no signs of a reversal.
For Monday's opening, focus on the 4350–4370 resistance zone and the strong support at 4300; consider buying and selling based on the highs and lows within this range.
4480–4500. Wait for stabilization before buying or selling.The market continued its decline on Wednesday, exhibiting a gradual downward trend that aligns with our previous outlook. Next, we need to observe whether it can hold above the trend resistance level before deciding whether it will rise further.
In the short term, attention should be focused on the resistance zone between 4480 and 4500, a level where the price has recently faced persistent selling pressure. With a cluster of key economic data releases scheduled for Thursday and Friday, gold's price action may tend toward sideways consolidation. As the highs gradually shift downwards, the support levels may also decline accordingly. It is more appropriate to wait for the market to stabilize before deciding on a trading strategy.
It is worth noting that the market has repeatedly tested the 200-day moving average. When a critical support level is tested repeatedly, its efficacy often diminishes over time, thereby increasing the probability that it will eventually be breached. Once the break below the support level is confirmed, the market may experience a volatile, emotional sell-off.
Short-term trading strategies should hinge on whether the price can find stable footing within the 4480–4500 zone. Once stability is established, one might consider adopting a "buy-on-dips" strategy with an upside target of 4550–4600. Conversely, if the market fails to stabilize effectively, a short position could be initiated near the upper boundary of this trading range.
The high point has shifted downwards. Selling price: 4460-4470During the European and US trading sessions, the market exhibited a low-level, choppy, and slightly bearish trend; news regarding US-Iran negotiations remains fraught with uncertainty. Currently, it appears the market is gradually becoming desensitized to the US-Iran talks, as positive news releases have failed to sustain any upward momentum.
On the 4-hour chart, candlesticks continue to hover along short-term moving averages, maintaining a choppy and slightly weak trajectory. Although the price has staged occasional rebounds, these lack staying power; the short-term trend remains characterized by choppy, bearish movement.
The 1-hour chart reveals that the price is currently oscillating within a narrow range at a low level. It is encountering temporary resistance in the 4460–4470 zone, while the moving average system is trending sharply downward—indicating that the market still has room to fall.
For short-term trading, it is recommended to sell at 4460-4470, with a profit target of 4430-4400.
Gold Weakens, Downtrend Not Over Yet📊 Market Overview:
Gold (XAU/USD) failed to hold above the 4500 level and came under strong profit-taking pressure, falling rapidly toward the 4470 area. A modest recovery in the US dollar and cautious investor sentiment ahead of upcoming US economic data have temporarily reduced demand for gold.
Strong selling pressure in recent sessions suggests that bears remain in control of the short-term trend. However, the 4465–4470 zone remains a key support area that could trigger a technical rebound.
📉 Technical Analysis:
Key Resistance Levels:
• 4488 – 4493
• 4508 – 4515
Nearest Support Levels:
• 4465 – 4470
• 4448 – 4453
EMA: Price is trading below the EMA 09 on both M15 and H1 timeframes → short-term trend remains bearish.
Candlestick / Volume / Momentum:
• Consecutive bearish candles with large bodies have appeared.
• Rising volume during the decline indicates strong selling pressure.
• Bearish momentum remains dominant but is approaching oversold territory.
• A Pin Bar or Bullish Engulfing pattern around 4465–4470 could signal a technical rebound.
📌 Outlook:
Gold may continue to decline in the short term if price breaks and closes below 4465.
Conversely, if the 4465–4470 support zone holds and reversal signals emerge, gold could recover toward 4490–4510.
💡 Suggested Trading Strategy:
🔻 SELL XAU/USD: 4488 – 4493
🎯 TP: 40 / 80 / 200 / 300 pips
❌ SL: 4496
🔺 BUY XAU/USD: 4451 – 4448
🎯 TP: 40 / 80 / 200 / 300 pips
❌ SL: 4444






















