GOLD prices will make a new history ( 3000$ ) !
Hello everyone,
GOLD 4H NEW FORECAST
🔹 Scenario 1: Bullish Case (Price Stays Above 2940-2945)
If the price stabilizes above the 2940-2945 zone, it confirms bullish momentum.
This means buyers are in control, and the price is likely to continue rising.
Next targets:
🎯 2956 (First resistance level)
🎯 Higher potential toward 2970 (New historical highs possible).
The chart supports this scenario, showing a resistance zone at 2970 where price may aim.
✅ Conclusion: If the price holds above 2940-2945, it’s a strong sign of further upward movement.
🔹 Scenario 2: Bearish Correction (Price Falls Below 2940-2945)
If the price falls below 2940-2945 and stabilizes, a correction will start.
The first support level is at 2935.
If 2935 breaks and price closes below it (especially with a 4-hour candle), expect a deeper drop toward 2918.
🚨 Important:
This does not mean a full bearish trend yet—it’s only a correction.
A correction means the price is temporarily dropping before possibly continuing upwards again.
✅ Conclusion: Below 2940-2945 → 2935 is key support → If broken, price may test 2918.
🔹 Scenario 3: Strong Bearish Move (Break Below 2900)
If price completely breaks below 2900, that’s a full bearish confirmation.
In this case, price will not just correct but fully drop toward:
🎯 2880
🎯 2860
🚨 Important:
The price must close below 2900 with strong momentum for this scenario to happen.
Until 2900 is broken, the decline is just a correction, not a full trend reversal.
✅ Conclusion: A full bearish move only happens if 2900 is broken → then price heads toward 2880 & 2860.
🔹 Key Takeaway
1️⃣ Above 2945 → Bullish trend continues toward 2956 and higher.
2️⃣ Below 2945 → Price corrects to 2935, possibly 2918, but this is not a full downtrend.
3️⃣ Below 2900 → A full bearish trend starts, leading to 2880 and 2860
GOLD 4H NEW FORECAST
🔹 Scenario 1: Bullish Case (Price Stays Above 2940-2945)
If the price stabilizes above the 2940-2945 zone, it confirms bullish momentum.
This means buyers are in control, and the price is likely to continue rising.
Next targets:
🎯 2956 (First resistance level)
🎯 Higher potential toward 2970 (New historical highs possible).
The chart supports this scenario, showing a resistance zone at 2970 where price may aim.
✅ Conclusion: If the price holds above 2940-2945, it’s a strong sign of further upward movement.
🔹 Scenario 2: Bearish Correction (Price Falls Below 2940-2945)
If the price falls below 2940-2945 and stabilizes, a correction will start.
The first support level is at 2935.
If 2935 breaks and price closes below it (especially with a 4-hour candle), expect a deeper drop toward 2918.
🚨 Important:
This does not mean a full bearish trend yet—it’s only a correction.
A correction means the price is temporarily dropping before possibly continuing upwards again.
✅ Conclusion: Below 2940-2945 → 2935 is key support → If broken, price may test 2918.
🔹 Scenario 3: Strong Bearish Move (Break Below 2900)
If price completely breaks below 2900, that’s a full bearish confirmation.
In this case, price will not just correct but fully drop toward:
🎯 2880
🎯 2860
🚨 Important:
The price must close below 2900 with strong momentum for this scenario to happen.
Until 2900 is broken, the decline is just a correction, not a full trend reversal.
✅ Conclusion: A full bearish move only happens if 2900 is broken → then price heads toward 2880 & 2860.
🔹 Key Takeaway
1️⃣ Above 2945 → Bullish trend continues toward 2956 and higher.
2️⃣ Below 2945 → Price corrects to 2935, possibly 2918, but this is not a full downtrend.
3️⃣ Below 2900 → A full bearish trend starts, leading to 2880 and 2860
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.
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.