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✅ 4-hour frame trend analysis
From the 4-hour chart, gold prices have shifted from the top oscillation stage to a weak correction stage.
From the 4-hour chart, gold prices have shifted from the top oscillation stage to a weak correction stage.
● MA5 (around 4726) and MA10 (around 4739) are forming resistance, indicating a clear bearish structure in the short term.
● MA20 (≈4743) has become the main resistance above, and the price is trading below it
✅ 1 hour frame trend analysis
Judging from the 1-hour chart, the short-term structure is still bearish, but there are some signs of stabilization.
● After hitting a peak of 4801, the price quickly fell to 4644
● Rebounded but failed to break key resistance level 4764
● MA5, MA10 and MA20 have converged, but the price is still trading below the middle line of the Bollinger Bands
📊Major Fibonacci levels:
● 0.236 (≈4694) →Break (confirmation of short-term rebound)
● 0.382 (≈4724) → Currently undergoing repeated testing⚠️
● 0.5 (≈4750) → key resistance level
● 0.618 (≈4777) → strong resistance area
🔴Resistance levels
● 4743 – 4750 (Fibonacci 0.5 + resistance moving average)
● 4764 – 4780 (strong structural resistance)
● 4801 – 4820 (major resistance area at the top)
🟢 Support level
● 4724 – 4719 (Fibonacci 0.382 + middle line of Bollinger Bands)
● 4694 – 4705 (important support area)
● 4644 – 4636 (front bottom support area)
✅ Trading strategies
🔰 Sales Strategy (Main Trends)
👉 Entry points: 4743 – 4750 (sell on rebound to resistance zone)
🎯 Target: 4724 / 4694 / 4644
📍Logic:
● The 4-hour structure remains bearish
● Price remains below the 0.5 Fibonacci level
● As long as the rebound fails to break through the key resistance level, it is considered a weak rebound.
🔰Buy strategy (short-term rebound)
👉 Entry points: 4694 – 4705 (small size entry after stabilization)
🎯 Target: 4743 / 4750 / 4764
📍Logic:
● There is an opportunity for a technical rebound in the short term
● However, the overall trend is still weak and it is necessary to enter and exit quickly.
🔔 Conclusion
Gold trading is not only a competition of strategy and technical analysis, but also a test of your ability to interpret market sentiment and accurately grasp the timing of entry. By catching every wave of the market and moving forward steadily, you can achieve sustained growth even in the face of wild swings. Let’s move forward together – through careful analysis and rigorous execution – to create a path to sustainable gold trading profits 💪💪
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