GOLD Market Technical Analysis
Current Price Range: 3320 – 3325
As of the latest H4 (4-hour) chart activity, the gold market is currently consolidating within a narrow range between 3320 and 3325, indicating a potential buildup for a breakout. Traders should watch for key technical levels that could dictate the next directional move.
Bullish Scenario
A confirmed H4 candle close above 3330 will signal bullish momentum, potentially leading to further upward movement. In this case, the next immediate resistance levels to watch are:
First Target: 3350
Second Target: 3370
These levels may attract buying interest and could act as short- to mid-term profit-taking zones for bullish positions.
Bearish Scenario
Conversely, a H4 candle close below 3315 would indicate a shift in momentum toward the downside. Key support levels following such a breakdown are:
First Target: 3300
Second Target: 3280
Third Target: 3250
These levels may provide opportunities for buyers to re-enter or serve as key zones for further downside continuation depending on market sentiment and macroeconomic factors.
Summary
Breakout above 3330 = Bullish Target: 3350 > 3370
Breakdown below 3315 = Bearish Target: 3300 > 3280 > 3250
Traders are advised to monitor volume and candlestick confirmations near these levels for entry and exit signals. Risk management remains crucial, especially considering the tight consolidation zone currently in play
Current Price Range: 3320 – 3325
As of the latest H4 (4-hour) chart activity, the gold market is currently consolidating within a narrow range between 3320 and 3325, indicating a potential buildup for a breakout. Traders should watch for key technical levels that could dictate the next directional move.
Bullish Scenario
A confirmed H4 candle close above 3330 will signal bullish momentum, potentially leading to further upward movement. In this case, the next immediate resistance levels to watch are:
First Target: 3350
Second Target: 3370
These levels may attract buying interest and could act as short- to mid-term profit-taking zones for bullish positions.
Bearish Scenario
Conversely, a H4 candle close below 3315 would indicate a shift in momentum toward the downside. Key support levels following such a breakdown are:
First Target: 3300
Second Target: 3280
Third Target: 3250
These levels may provide opportunities for buyers to re-enter or serve as key zones for further downside continuation depending on market sentiment and macroeconomic factors.
Summary
Breakout above 3330 = Bullish Target: 3350 > 3370
Breakdown below 3315 = Bearish Target: 3300 > 3280 > 3250
Traders are advised to monitor volume and candlestick confirmations near these levels for entry and exit signals. Risk management remains crucial, especially considering the tight consolidation zone currently in play
Trade active
our target fully hit gold touched our final target at 3370 
Time is Money And Trust is Profit💯 No One can beat me in account mangement Trading is my Patience
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t.me/Globalforexmaster11
t.me/Making_Millions_Dollars
ALL CRYPTO SIGNALS AVAILABLE BTC/ XAUUSD/USDCAD/GBPJPYm👇
t.me/Globalforexmaster11
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Time is Money And Trust is Profit💯 No One can beat me in account mangement Trading is my Patience
t.me/Making_Millions_Dollars
ALL CRYPTO SIGNALS AVAILABLE BTC/ XAUUSD/USDCAD/GBPJPYm👇
t.me/Globalforexmaster11
t.me/Making_Millions_Dollars
ALL CRYPTO SIGNALS AVAILABLE BTC/ XAUUSD/USDCAD/GBPJPYm👇
t.me/Globalforexmaster11
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.