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– In the first half time frame, the short-term trend remains bearish, with prices continuing to fall below the trend line, EMA, and resistance area (5206 – 5218), indicating that supply pressure has not yet developed.
– Exponential Moving Averages (H4 – H2) show an uninterrupted medium-term uptrend. However, the exponential moving averages (H1 – M30 – M15) confirm the dominance of the short-term downtrend. The market lacks consensus across time frames, with no reversal signals emerging and no clear bullish reorganization.
– Area (5206 – 5218) forms decisive resistance. If price (H1) breaks out of this area, the uptrend may resume. This area (5134 – 5152) forms key support for the current uptrend and coincides with a retest of the 0.618 Fibonacci level of the recent downtrend. If price (H1) breaks out of this area, the current recovery pattern will collapse.
– ✅Vision:
1. Purchase scenario:
– The H1 candle confirms a close above this area (5206 – 5218).
– The H1 candle confirms a close above the exponential moving average (EMA) again.
=> This confirms the bullish pattern. Target: 524x – 529x.
=> When price (H1) penetrates this area (5290 – 5293) and closes above this area, the buying horizon will expand significantly.
2. Sales scenario:
– If the price (H1) penetrates the area (5206 – 5218) in the wrong way.
– H1 candle closes below the exponential moving average (EMA).
=> Based on the current bearish pattern, it is recommended to prioritize short-term selling. Target: 518x – 515x – 513x.
=> When price breaks out of the (5134 – 5152) area and confirms the close of the hourly time frame candle (H1), the selling momentum will extend to the (4998 – 5015) area.
=> When the price breaks out of this area (4998 – 5015), the selling momentum will continue to increase.
❗ Price is currently moving within a very wide range (range up to hundreds of pips) of the trendline. Trading requires clear confirmation conditions, compliance with stop-loss and take-profit rules, effective money management, and avoiding missed opportunities during this uncertain time.
Sell gold at a specific price: 5205 – 5207
Stop loss: 5211
✅ First target: 5203
✅ Second target: 5185
Sell gold at a specific price: 5249 – 5251
Stop loss: 5255
✅ First target: 5246
✅ Second target: 5230
Buy gold at a specific price: 5140 – 5142
Stop loss: 5136
✅ First target: 5145
✅ Second target: 5162
Buy gold at a specific price: 5091 – 5093
Stop loss: 5087
✅ First target: 5096
✅ Second target: 5112
