Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Gold is reshaping its bullish structure after technically retesting the gap fill as well as retesting the breakout area on the H4 time frame. The higher bottom pattern remains.
The multi-time frame exponential moving averages (H4 – H2 – H1) confirm the continuation of the main uptrend, as the 34 EMA lies above the 89 EMA. The uptrend line remains flat, indicating that buyers continue to be in control.
This area (5410 – 5420) represents key resistance for the next advance. A breakout of this area would increase upside momentum to 545-547x. When the candle confirms a break above this level (5450 – 5452), the trend will enter a strong upward phase, which will increase the upward momentum.
✅ Expectations:
1. Continue to purchase:
– If the price crosses the range (5410 – 5420) and crosses the downtrend line, expect to continue buying.
– Target levels: 545x – 547x.
2. Retest purchase:
– If price mistakenly breaks out of the range (5410 – 5420), it may retest the range (5326 – 5331) or even reach the range (5303 – 5308) before breaking out again.
– Target levels: 3 – 6 – 10 – 15 price points => Take Profit extended.
❗When the price on the one-hour time frame (H1) confirms a breakout of this range (5450 – 5452), the buying expectation range will expand significantly.
❗While geopolitical news is tense and supportive for gold, uncertainty remains over gold’s overall bullish momentum. Several liquidity injections and heavy accumulation phases are still needed before a clearer trend develops.
Buy gold at a specific price: 5329 – 5331
Stop loss: 5325
✅ First target: 5334
✅ Second target: 5346
Buy gold at a specific price: 5305 – 5307
Stop loss: 5301
✅ First target: 5310
✅ Second target: 5322
Sell gold at a specific price: 5410 – 5412
Stop loss: 5416
✅ First target: 5407
✅ Second target: 5395
Sell gold at a specific price: 5450 – 5452
Stop loss: 5456
✅ First target: 5447
✅ Second goal: 5435
