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GOLD 4H NEW FORECAST
📉 Bearish Scenario (Downtrend)
If gold trades below 2895, it signals a continuation of the downtrend.
Next target for the decline:
2880 → First support level.
Break & hold below 2880 → Stronger bearish momentum.
Further bearish targets:
2873 → Next support level.
2860 → Major support zone.
💡 Key Takeaway: If gold stays below 2895, expect a drop toward 2880. Breaking 2880 with confirmation can push prices toward 2873 and 2860.
📈 Bullish Scenario (Uptrend)
If gold breaks above 2895, it indicates a bullish reversal.
Next bullish targets:
2907 → First resistance level.
2918 → Stronger resistance zone.
Break & hold above 2930 (4-hour confirmation) → Strong bullish continuation.
💡 Key Takeaway: If gold trades above 2895, expect an uptrend toward 2907 and 2918. A confirmed breakout above 2930 signals a strong bullish trend.
📌 Simple Summary:
✔ Below 2895 → Expect a downtrend toward 2880 → If 2880 breaks, targets 2873 & 2860
✔ Above 2895 → Expect an uptrend toward 2907 & 2918
✔ Break below 2880 with confirmation → Strong bearish continuation
✔ Break above 2930 with a 4-hour confirmation → Strong bullish momentum
GOLD 4H NEW FORECAST
📉 Bearish Scenario (Downtrend)
If gold trades below 2895, it signals a continuation of the downtrend.
Next target for the decline:
2880 → First support level.
Break & hold below 2880 → Stronger bearish momentum.
Further bearish targets:
2873 → Next support level.
2860 → Major support zone.
💡 Key Takeaway: If gold stays below 2895, expect a drop toward 2880. Breaking 2880 with confirmation can push prices toward 2873 and 2860.
📈 Bullish Scenario (Uptrend)
If gold breaks above 2895, it indicates a bullish reversal.
Next bullish targets:
2907 → First resistance level.
2918 → Stronger resistance zone.
Break & hold above 2930 (4-hour confirmation) → Strong bullish continuation.
💡 Key Takeaway: If gold trades above 2895, expect an uptrend toward 2907 and 2918. A confirmed breakout above 2930 signals a strong bullish trend.
📌 Simple Summary:
✔ Below 2895 → Expect a downtrend toward 2880 → If 2880 breaks, targets 2873 & 2860
✔ Above 2895 → Expect an uptrend toward 2907 & 2918
✔ Break below 2880 with confirmation → Strong bearish continuation
✔ Break above 2930 with a 4-hour confirmation → Strong bullish momentum
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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.