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Gold Analysis and Trading Strategies | OANDA: XAUUSD December 17-18 by GoldTradingPro — TradingView


✅ Four-hour frame (H4) trend analysis
1️⃣Overall structure: Consolidating at a high level, there is still an upward trend

After completing the strong pulse trend in the 4270 → 4350 range, the gold price has now entered a high consolidation stage.
Although no new highs have been made, rising lows have been forming, confirming that the current structure is a bullish consolidation rather than a trend reversal.

➡️This is the absorption phase after a rise, not a trend reversal.

2️⃣ Moving average structure: continuation of bullish orders

MA5/MA10/MA20 are still arranged in ascending order

The current adjustment is mainly concentrated around MA10 – MA20 (4315–4325)

MA20 is clearly sloping upward, indicating that the medium-term trend is still upward

➡️As long as the price does not close significantly below the MA20, the bullish structure on the four-hour frame remains valid.

✅ Trend analysis on one-hour frame (H1)
1️⃣Short-term structure: consolidation within the ascending channel

Gold continues to consolidate above 4320, with limited corrections and no sustained large-volume strong selling.
Each time it fell to MA20/MA30, it was quickly bought, confirming strong demand at the lower levels.

2️⃣ Moving average conditions: short-term reset

Frequent crossovers between MA5 and MA10 → Obvious oscillatory behavior

MA20 and MA60 are still biased upward → the general trend is still bullish

The current price is slightly above MA10, indicating that the consolidation has entered the final stage

3️⃣Interpret the price pattern: not the top, but “horizontal accumulation”

Despite the obvious selling pressure around 4348-4350 points

But the price did not break through the previous low → there is no top pattern

This structure is closer to a rising price base/bullish flag pattern

🔴Resistance levels

4340–4348 / 4355–4360 / 4380

🟢 Support level

4315–4320 / 4275–4270 / 4260

📌 Trading strategy reference
🔰Buy on dips (main strategy)

📍 Area 4315-4325 – enter in batches and in small quantities
🎯 Target: 4345 / 4355
⛔ Stop loss: below 4305

⚠️Logic: Uptrend maintained at H4 + H1 rebound and supported by moving averages

🔰 Sell high (short term only)

📍 Area 4348–4355 — Minor selling on rejection signal
🎯 Target: 4325 / 4315
⛔ Stop loss: up to 4370

⚠️ This is just a range trade, not a sell against the trend.

✅ Trend summary

The 4-hour frame is still in a bullish consolidation phase, while the 1-hour frame is building momentum through sideways consolidation.
As long as price remains trading above 4310-4305, the preferred strategy remains:

👉 Buy on pullbacks, don’t chase breakouts.



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