Gold has shifted into a short-term bullish structure after a CHoCH, with price holding above the rising trendline support. The market is consolidating near support while maintaining higher lows, suggesting potential continuation to the upside.
Bullish continuation: if price holds the 4,485–4,465 support zone, it may continue higher toward the 4,600 weekly high resistance.
Deeper pullback: a break below support could lead to a retracement into the 4,420 demand zone (order block + FVG) before a potential rebound.
Key levels
Resistance: 4,600 (weekly high
Current resistance area: ~4,500
Support zone: 4,485–4,465
Lower demand zone: ~4,420
Short-term bullish while above 4,465, with upside targets in focus.
This is a technical analysis idea for educational purposes, not financial advice.
Bullish continuation: if price holds the 4,485–4,465 support zone, it may continue higher toward the 4,600 weekly high resistance.
Deeper pullback: a break below support could lead to a retracement into the 4,420 demand zone (order block + FVG) before a potential rebound.
Key levels
Resistance: 4,600 (weekly high
Current resistance area: ~4,500
Support zone: 4,485–4,465
Lower demand zone: ~4,420
Short-term bullish while above 4,465, with upside targets in focus.
This is a technical analysis idea for educational purposes, not financial advice.
Trade active
Trade active What You'll Get
Daily Forex signals with high accuracy
Technical & fundamental analysis
Risk management tips to protect your capital
Join now and start winning
t.me/+4ZrcWOlv--0xOTg0
Daily Forex signals with high accuracy
Technical & fundamental analysis
Risk management tips to protect your capital
Join now and start winning
t.me/+4ZrcWOlv--0xOTg0
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
What You'll Get
Daily Forex signals with high accuracy
Technical & fundamental analysis
Risk management tips to protect your capital
Join now and start winning
t.me/+4ZrcWOlv--0xOTg0
Daily Forex signals with high accuracy
Technical & fundamental analysis
Risk management tips to protect your capital
Join now and start winning
t.me/+4ZrcWOlv--0xOTg0
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
