Analysis Overview:
On the 4H timeframe, Gold (XAUUSD) is showing clear bearish intent after breaking below a long-term weekly trendline approximately two weeks ago. This trendline had been acting as dynamic support for months, and its break signals a potential shift in structure.
Key Observations:
Weekly Trendline Broken: Price decisively closed below the major weekly bullish trendline, suggesting a possible trend shift or deeper retracement.
4H Market Structure Shift: Price is forming lower highs and lower lows, respecting a descending channel.
Fair Value Gap (FVG): Price recently tapped into a 4H FVG and showed rejection, suggesting a continuation to the downside.
Old Support (Now Resistance): 3225–3250 zone is acting as a resistance area where previous support flipped.
Projected Target Zone: Price may continue its bearish momentum down toward 3106–3080, aligning with the weekly demand zone and retest area of the long trendline from below.
Bearish Confluence:
Trendline Break (HTF)
Bearish Market Structure on 4H
FVG Reaction
Resistance Flip Zone
Liquidity Below 3100
Conclusion: As long as price remains below 3250, bearish bias remains intact. I’ll be watching for reaction around 3100–3080 for a potential bounce or reversal.
Do your own analysis before entering any trade. Not financial advice.
#xauusd #gold #forex #goldanalysis #xauusdanalysis
On the 4H timeframe, Gold (XAUUSD) is showing clear bearish intent after breaking below a long-term weekly trendline approximately two weeks ago. This trendline had been acting as dynamic support for months, and its break signals a potential shift in structure.
Key Observations:
Weekly Trendline Broken: Price decisively closed below the major weekly bullish trendline, suggesting a possible trend shift or deeper retracement.
4H Market Structure Shift: Price is forming lower highs and lower lows, respecting a descending channel.
Fair Value Gap (FVG): Price recently tapped into a 4H FVG and showed rejection, suggesting a continuation to the downside.
Old Support (Now Resistance): 3225–3250 zone is acting as a resistance area where previous support flipped.
Projected Target Zone: Price may continue its bearish momentum down toward 3106–3080, aligning with the weekly demand zone and retest area of the long trendline from below.
Bearish Confluence:
Trendline Break (HTF)
Bearish Market Structure on 4H
FVG Reaction
Resistance Flip Zone
Liquidity Below 3100
Conclusion: As long as price remains below 3250, bearish bias remains intact. I’ll be watching for reaction around 3100–3080 for a potential bounce or reversal.
Do your own analysis before entering any trade. Not financial advice.
#xauusd #gold #forex #goldanalysis #xauusdanalysis
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。