Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
✅ During the US market on Friday, the price of gold hit a record high of 4549, and then fell back to 4509, but did not break through the psychological mark of 4500, which confirmed that control is still in the hands of buyers (longs).
✅ From the daily time frame (D1):
The moving averages show a perfect upward alignment and the price continues to move along the upper border of the Bollinger Bands indicator – reflecting a very strong uptrend environment.
This does not mean that the market has peaked, but it does mean that strong gains require pullbacks and accumulation phases.
The price has now entered a stage of strong sideways consolidation at a high level.
✅ Looking at the 4-hour time frame (H4):
Gold is consolidating at a high level within the ascending channel.
The candle remains trading between MA20 and the Bollinger Band border without any breakout signals – indicating a healthy consolidation phase in the uptrend.
The MA5/MA10 remain in a bullish formation, while the MA20 continues to rise, with the main trend line around 4440 – meaning any pullback represents a buying opportunity.
✅ From the 1 hour (H1) time frame:
Gold formed a converging triangle pattern at the highs.
Highs are under pressure around 4545, while lows are gradually rising – suggesting a longer period of accumulation before the next rally.
🔴Resistance: 4545–4550 / 4560–4580
🟢Support: 4490–4500/4480–4450
✅ Trading strategy reference
🔰 Main strategy: Buy on dips
📍Entry area: 4480–4500
🎯Target: 4550/4580/4600+
⛔ Stop loss: below 4460
⚠️Logic: Strong daily trend + ascending channel on 4-hour frame + convergence of structural support levels
🔰Secondary strategy｜Short-term selling at high prices (reselling only)
📍Sales area: 4545–4560
🎯 Target: 4520 / 4500
⛔ Stop loss: up to 4580
⚠️For short-term use only. Don’t go against the prevailing trends.
🔥 Disclaimer: Trading strategies are time sensitive and market conditions can change rapidly. Please adjust your trading plan based on real-time market trends.
