Gold Hits the Ceiling and Slides โ€” All Eyes on Support Zones

55
XAUUSD 4H TECHNICAL ANALYSIS

OVERALL TREND
๐Ÿ“‰ DOWNTREND โ€” A strong reversal occurred after tapping the Pivot High near 3,500, triggering heavy sell pressure as signaled by the dynamic resistance and confirmed by a sharp momentum shift.

๐Ÿ”ดRESISTANCE ZONE
  • ๐Ÿ”ด 3,500.000 โ€” SELL STOPLOSS | PIVOT HIGH
  • ๐Ÿ”ด 3,473.328 โ€” SELL ORDER 2
  • ๐Ÿ”ด 3,418.942 โ€” SELL ORDER 1


๐ŸŽฏENTRIES & TARGETS
  • ๐ŸŽฏ 3,315.400 โ€” SELL ORDER & TP1
  • ๐ŸŽฏ 3,228.382 โ€” SELL ORDER & TP2 | Mid-Pivot
  • ๐ŸŽฏ 3,164.297 โ€” SELL ORDER & TP3
  • ๐ŸŽฏ 3,065.920 โ€” EXIT SELL & TP4


๐ŸŸขSUPPORT ZONE
  • ๐ŸŸข 3,041.597 โ€” BUY Order 1 |
  • ๐ŸŸข 2,983.746 โ€” BUY Order 2 |
  • ๐ŸŸข 2,956.560 โ€” Dynamic Support | Reversal Watch


๐Ÿ“‰OSCILLATOR INSIGHTS
  • RSI at 38.17 โ€” Weak, nearing oversold
  • Stoch %K at 11.77 โ€” Near bottom, possible bounce
  • CCI at โˆ’124 โ€” Deeply oversold, buy signal building
  • MACD & Momentum โ€” Both signaling strong bearish continuation
  • Stochastic RSI flat at 0.000 โ€” Indicates a bottoming potential


๐Ÿ“‰MOVING AVERAGE SUMMARY
  • All 10โ€“50 MAs are SELL signals โ€” Short-term sentiment bearish
  • 100 & 200 EMAs/SMA โ€” Still supportive (BUY), suggesting macro trend not broken
  • VWMA and Ichimoku Baseline confirm short-term bearish control


๐Ÿค“STRUCTURAL NOTES
  • Rejection from 3,500-level created a sharp fall back inside the previous range
  • Short-term bearish control confirmed by a clean break below 3,315 (TP1)
  • Major confluence area forming near 3,041โ€“2,983 as next test zone
  • Volume profile favors bounce if buyers defend 2,956โ€“3,041 range


TRADE OUTLOOK ๐Ÿ”Ž
  • ๐Ÿ“‰ Sell Bias active below 3,315 with deep pullback toward 3,041โ€“2,983 likely
  • ๐Ÿ“ˆ High-Risk Long Reversal possible near 2,956 support if volume spikes and momentum shifts
  • ๐Ÿ‘€ Watch Hull MA (3,278) โ€” rising into falling price = potential compression setup


๐ŸงชSTRATEGY RECOMMENDATION

CONSERVATIVE (Trend-Following):
โ€” Entry: Sell below 3,315
โ€” TP: 3,228 / 3,164 / 3,065
โ€” SL: Above 3,418

AGGRESSIVE (Reversal Scout):
โ€” Entry: Buy at 3,041 / 2,983
โ€” TP: 3,164 / 3,228
โ€” SL: Below 2,956

โ€œDiscipline | Consistency | PAY-tienceโ„ขโ€

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