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Gold Analysis and Trading Strategies | March 6-7, OANDA: XAUUSD by Gold_Maestro — TradingView


✅ 4-hour frame trend analysis
● The price continued to rise from the bottom near 5050, reaching the highest near 5171.
● The moving average MA5 has begun to turn upward, and the price is gradually approaching the MA20 resistance area.
● A short-term conflict zone is formed near the middle line of Bollinger Bands 5140.
● The upper edge has formed strong resistance near 5200 points, and the lower edge has begun to stabilize.

📌 4-hour frame summary:
The market is currently in a shock rebound structure after a decline.
If the price manages to break above 5165-5180, the continuation of the rebound on the 4-hour frame will be confirmed.

✅ Hourly frame (1H) trend analysis
● After stabilizing around 5050, there was a series of consecutive bullish candles.
● The short-term moving average begins to form an upward consolidation.
● The price has returned above the middle line of the Bollinger Bands and is currently testing the upper boundary resistance.

📌Table frame summary:
The short-term structure shows a continued rebound, but the resistance pressure above is gradually increasing.

🔴Resistance
● 5165 – 5185 (short-term resistance)
● 5200 – 5220 (4-hour frame key resistance)
● 5250 (trend resistance)

🟢Support
● 5130 – 5100 (short-term support)
● 5070 – 5050 (structural support)
● 4996 (last bottom)

🎯 Trading strategy reference

🔰 Sales strategy (sell on rebound)
👉 Entry 1: 5180 – 5165
👉 Entry 2: 5220 – 5200
🎯Target 1:5130
🎯Target 2: 5070

📍Logic:
The trend within the 4-hour frame is still in the correction rebound stage, and the upper resistance is relatively large, so the rebound may face selling pressure in the resistance area.

🔰 Buying strategy (buy on pullback)
👉Registration: 5100 – 5070
🎯Target: 5150 – 5180

📍Logic:
The hourly moving average is trending upward, so a pullback toward support can be used to speculate on a rebound.

⚠️Trend summary
The 4-hour frame is in a corrective rebound phase, while the hourly frame continues a bullish structure. But the resistance area 5165 – 5180 remains clear and strong.

If the price fails to break out of this area, the market may pull back to retest the 5100-5070 support levels.

However, if the price on the hourly chart (1H) can break through 5180 and hold above as trading volume increases, the rebound structure will be strengthened and the price may test 5200-5220.



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