🔍 Market Background – November 20, 2025

Gold opened down about 70 points, but rebounded quickly and sharply from the 4030-4032 area, showing strong buying pressure and refusing to fall further.

The market structure from the first half to the second half formed a classic, clear-cut inverse head and shoulders pattern – a fundamentally bullish reversal pattern – indicating the potential for upward expansion if the neckline successfully breaks out.

📅Today’s main news events:

🇺🇸 Non-farm payroll data (NFP)

📉US Unemployment Rate

🏛 Federal Open Market Committee meeting minutes

🗣 Speeches by Trump, Barkin, and Williams

🧾Number of people applying for unemployment benefits for the first time

⚠️These events can cause wild swings and will determine the confirmation or rejection of a reversal pattern.

📊 Technical Analysis

🛒 Procurement preparation – first priority

✅ Registration: 4030 – 4032

🛡 Stop Loss (SL): 4027

🎯 Take Profit (TP):

TP1:4039

TP2:4047

TP3:4059

💡Reason: Prices in the OB+SSS area rebounded strongly. This is a key area of ​​technical support and the basis for an inverse head and shoulders pattern. The goal is to break through the neckline to stimulate an uptrend.

🔻 Sales Setup – Short Term Strategy

📍 Entries: 4093 – 4095

🛡 Level: 4098

🎯TP：

TP1:4088

TP2:4077

TP3:4060

TP4:4033

💡 Reason: This strategy is only applicable when the price forms a false breakout of the BSL area and reverses. If the market reacts negatively to the news, then this is an ideal entry point for quick scalping.

🔑 Main price areas

Buying Area (OB + SSS): 4030 – 4032

→ A strong demand area, the bottom of an inverse head and shoulders pattern, which if sustained, confirms a reversal signal.

Neckline breakthrough area: 4101 – 4111

→ The neckline of the inverse head and shoulders pattern. A breakout of this area would provide the opportunity for a sharp move higher.

Final Resistance Zone: 4133 – 4140

→ The ultimate target if the breakout is successful and the bullish pattern is confirmed.

✅ Strategy Summary

🎯Main strategy: Prioritize buying in the OB 4030-4032 area.

🩸Sell and scalp only when a rejection signal appears in the BSL zone.

🕓 NOTE: Be careful when trading near NFP release times – wait for price action to confirm the trend.

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