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GOLD 4H NEW FORECAST
📈 Bullish Scenario (Uptrend)
If gold stabilizes above 2868, it signals bullish momentum.
First target for the rise:
2883 → First resistance level.
Break & hold above 2883 (with a 4-hour confirmation) → Strong confirmation of further upside.
Further bullish targets:
2907 → Next resistance level.
2918 → Stronger resistance zone.
💡 Key Takeaway: If gold trades above 2868, expect an uptrend toward 2883. Breaking 2883 with confirmation could push prices toward 2907 and 2918.
📉 Bearish Scenario (Downtrend)
If gold falls below 2868 and stabilizes, it signals a downtrend.
Next target for the decline:
2850 → First support level.
2840 → Next support level.
2830 → Major support zone.
Break & hold below 2830 (for 4 hours) → Strong confirmation of further downside.
Further bearish target:
2805 → Key support level.
💡 Key Takeaway: If gold trades below 2868, expect a drop toward 2850, 2840, and 2830. A break below 2830 with confirmation could trigger a further decline toward 2805.
📌 Simple Summary:
✔ Above 2868 → Expect an uptrend toward 2883 → If 2883 breaks, targets 2907 & 2918
✔ Below 2868 → Expect a downtrend toward 2850, 2840, and 2830
✔ Break above 2883 with confirmation → Strong bullish continuation
✔ Break below 2830 with confirmation → Strong bearish continuation toward 2805
GOLD 4H NEW FORECAST
📈 Bullish Scenario (Uptrend)
If gold stabilizes above 2868, it signals bullish momentum.
First target for the rise:
2883 → First resistance level.
Break & hold above 2883 (with a 4-hour confirmation) → Strong confirmation of further upside.
Further bullish targets:
2907 → Next resistance level.
2918 → Stronger resistance zone.
💡 Key Takeaway: If gold trades above 2868, expect an uptrend toward 2883. Breaking 2883 with confirmation could push prices toward 2907 and 2918.
📉 Bearish Scenario (Downtrend)
If gold falls below 2868 and stabilizes, it signals a downtrend.
Next target for the decline:
2850 → First support level.
2840 → Next support level.
2830 → Major support zone.
Break & hold below 2830 (for 4 hours) → Strong confirmation of further downside.
Further bearish target:
2805 → Key support level.
💡 Key Takeaway: If gold trades below 2868, expect a drop toward 2850, 2840, and 2830. A break below 2830 with confirmation could trigger a further decline toward 2805.
📌 Simple Summary:
✔ Above 2868 → Expect an uptrend toward 2883 → If 2883 breaks, targets 2907 & 2918
✔ Below 2868 → Expect a downtrend toward 2850, 2840, and 2830
✔ Break above 2883 with confirmation → Strong bullish continuation
✔ Break below 2830 with confirmation → Strong bearish continuation toward 2805
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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.