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GOLD 4H NEW FORECAST
Bullish (Uptrend) Scenario:
Price Above 2,935 → The market is bullish and likely heading toward:
2,945
2,955
Break Above 2,955 → This confirms strong momentum, leading to:
2,970
2,980 (Complete bullish rise)
💡 Key Takeaway: If the price stays above 2,935, expect bullish momentum, especially if it breaks and holds above 2,955.
📉 Bearish (Downtrend) Scenario:
Break Below 2,935 → The price is likely to fall toward 2,930.
Break & Stability Below 2,930 (Confirmed by a 4-hour candle closing below) → Expect a deeper drop toward:
2,924
2,918
💡 Key Takeaway: If the price fails to hold above 2,935 and breaks below 2,930, it signals a bearish move toward lower support levels.
Neutral/Bounce Scenario:
If the price falls but fails to break below 2,935, it signals buyers are stepping in, and the price is likely to rise again.
💡 Key Takeaway: Holding 2,935 as support means buyers are still in control, and the price will likely continue higher.
Simple Rule of Thumb:
✔ Above 2955= Bullish
✔ Below 2930= Bearish
GOLD 4H NEW FORECAST
Bullish (Uptrend) Scenario:
Price Above 2,935 → The market is bullish and likely heading toward:
2,945
2,955
Break Above 2,955 → This confirms strong momentum, leading to:
2,970
2,980 (Complete bullish rise)
💡 Key Takeaway: If the price stays above 2,935, expect bullish momentum, especially if it breaks and holds above 2,955.
📉 Bearish (Downtrend) Scenario:
Break Below 2,935 → The price is likely to fall toward 2,930.
Break & Stability Below 2,930 (Confirmed by a 4-hour candle closing below) → Expect a deeper drop toward:
2,924
2,918
💡 Key Takeaway: If the price fails to hold above 2,935 and breaks below 2,930, it signals a bearish move toward lower support levels.
Neutral/Bounce Scenario:
If the price falls but fails to break below 2,935, it signals buyers are stepping in, and the price is likely to rise again.
💡 Key Takeaway: Holding 2,935 as support means buyers are still in control, and the price will likely continue higher.
Simple Rule of Thumb:
✔ Above 2955= Bullish
✔ Below 2930= Bearish
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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.
Related publications
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.