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4.700 — Can the seller keep it or will it get busted?


4.700 — Can the seller keep it or will it get busted?

Asian session: Gold reacted strongly to Trump’s remarks about Iran (Strait of Hormuz) → fell sharply immediately after the opening.

The statement is strong, but there are no practical steps yet → the market has entered a state of volatility with no clear direction.

👉 Tonight’s US session: PMI data → High volatility potential
👉 Tomorrow’s Asian session: US and Iran related deadlines → Strong moves expected

🎯 Important levels:

Resistance levels: 4.700, 4.736, 4.799, 4.900 – 5.000
Support levels: 4.580, 4.555, 4.530, 4.480, 4.420

🧠Vision:

The H4 structure remains bullish (not broken),
But the smaller timeframe (H1) shows volatility and lack of clarity.

👉Basic Plan: Trade in the 4,580 – 4,700 range

⚔️Scene:
Hold 4,580 points → rebound to 4,680 – 4,700 points
4.700 Rejected → There is a possibility of falling again
Permeability and stability are higher than 4.700 → continue to 4.736 → 4.800+
Breaking through 4.580 → falling towards 4.555 → 4.530 → 4.480
💰 Discount recommendations:
Buy at 4.555 | Stop Loss 20 | Target 1:2 – 1:5
Selling Price 4.700 | Stop Loss 20 | Target 1:2 – 1:5
Buy from deeper areas 4.475 – 4.480 | Stop Loss 20 | Target 1:1 – 1:3
⚠️Risk reminder:

The larger frame (H4) remains bullish, but the daily trend is volatile and depends on the news.

👉 Be careful and wait for confirmation – avoid entering the market too early

👉Do you think the 4.700 level will hold or be broken?
👉If it’s useful, don’t forget to like 🚀 and share!



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