First: technical analysis
• Despite the recent correction, the overall trend in the larger frame (4-hour-daily) remains bullish.
• Price is in an ascending channel and the upper boundary is breached, then a sharp correction occurs that brings price back into the channel.
• Moving average:
• There is a bearish breakout of the bearish moving averages.
• Price moves around the moving average → corrective conditions in an uptrend.
• Momentum has declined significantly compared to previous bullish waves.

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Second: Elliott Wave Analysis
• Most likely scenario:
• The main pulse wave (1-2-3-4-5) is completed at the last peak.
• The current decline is classified as a corrective wave (A).
• Expected:
• Bounce from current support area (B).
• If the downside breakout fails, wave (C) follows or the uptrend completes.

Third: Time Analysis
• Declines occur more quickly than increases → indicates profit taking rather than a trend reversal.
• Current time sensitive:
• Hold the bottom during 1-2 4H candles
• Or a deeper correction could continue into mid-week.

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Fourth: Numerical Analysis (Numbers/Fibonacci)
• Important areas of correction:
• About 38.2% damaged.
• 50% – 61.8% = current reaction zone.
• Price is currently within a strong digital gold range.
• Any clear close below 4230 would temporarily dampen the bullish outlook.

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Fifth: Fundamental Analysis
• Gold remains supported by:
• Geopolitical issues.
• Pay close attention to Fed policy.
• The recent declines do not reflect fundamental changes, but rather a technical correction following a strong rally.
• No major negative news to break the long-term uptrend.

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Sixth: Price Action
• A clear price rejection candle forms within the demand area.
• What we monitor:
• 4-hour close above 4350 → Positive sign.
• Breaking through 4230 and closing clearly → Continue deep adjustment.

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Seventh: Support and Resistance Levels

🔹Support:
• 4330 – 4315 (currently supports +FVG)
• 4280 – 4250 (strong demand)
• 4200 – 4180 (structural support)

🔸 Resistor:
• 4400 – 4420
• 4480 – 4500
• 4550 – 4600 (previous peak)

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Eighth: Technical model
• Inside a breakout of an ascending channel, then price returns to the channel.
• Probability:
• If the price remains above 4330, it will be a bullish flag.
• If 4230 is broken, or ZigZag corrects.

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Ninth: Digital Model
• Repeated behavior:
• Strong sprint
• Sharp correction
• Stablize
• The current digital model supports a rebound before any new declines.

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Tenth: Harmonic Model
• Forming possibilities:
• Bullish Gartley or Bats are almost complete in the 4250-4300 area.
• Completing the form requires:
• Clear bullish confirmation candle.

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Eleven: Supply and demand areas
• Areas of strong demand:
• 4330 – 4280
• Display area:
• 4450 – 4500
• 4550+

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Twelve: POC/fixed point
• Currently the most important fixed points:
• 4330
• Continuously above this value = upward slope.
• Fraction below = corrective extension.

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Area Thirteen: Pivot Area
• Current key areas:
• 4330 – 4360
• Trading in it means market chaos.
• Exit determines the next direction.
Buy trading (short term/intraday)

Provided that the reversal candle occurs within the half-hour or hourly frame, otherwise no intervention is required. Prices are likely to continue falling. The price stabilized below 4330, eliminating the possibility of completing the decline.
• Entries: 4330 – 4320
• Close stop loss: 4315
• First target: 4370
• Second target: 4400

📌Ideas:
Bouncing off intraday support within the Demand Area + FVG + channel.

🔴Sales transactions (conditional and fast)
Condition: Do not trade within an hour and a half unless a reversal candle occurs

• Entries: 4410 – 4405
• Close stop loss: 4425
• First target: 4355
• Second target: 4325

📌Ideas:
If the breakout fails, sell from FVG + immediate resistance above.

⚠️Important Tips:

• These are short term transactions.
• Keep the pauses strictly literal.
• Don’t trade two trades at the same time, choose based on price action:
◦ Stable above 4350 → more likely to buy
◦ Strong rejection below 4400 → Sell A
•

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