#XAUUSD#GOLD
The initial jobless claims figures released today exceeded expectations, acting as a bullish catalyst that caused gold prices to surge instantly. However, from a structural perspective, gold is not currently in a clear uptrend; this rally was driven entirely by the data release.
The current support zone lies between 4460 and 4470—an area that clearly represents a "role reversal" (where previous resistance has turned into support).
I believe this zone offers strong support and presents a buying opportunity.
#Gold Short-Selling Signal 📉 #XAUUSD
Entry Range: 4490–4510
Downside Targets:4470-4450-4430
Stop-Loss: Determine based on your account status or place above the resistance zone.
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#XAUUSD#GOLD
During tonight's US session, we need to focus on the release of the ADP data.
In the short term, watch for buy opportunities in the 4280-4290 support zone.
The upside target is 4330-4340-4350.
#XAUUSD#GOLD
Today's Trading Strategy: (Sell)
Sell Entry Range: 4320-4340 /Profit Target: 4300-4280-4260
In a one-sided downtrend, oversold indicators can remain stagnant for an extended period. Without a bottom reversal candlestick pattern and a confirmed bullish divergence signal, new lows can be continuously reached.
Key Support Levels: Short-term defense at 4280; Mid-term core defense at 4250-4260; A break below 4260 would open up further downside potential, targeting 4210-4215.
#XAUUSD#GOLD
The 4354-4373 range is the first retracement zone. Minor fluctuations will likely occur within this range.
If the price breaks out of this zone and begins to rebound, sellers can re-enter the market.
Entry zone: 4,354 - 4,387 (after resistance)📉
Target price 1: 4,326-4,287-4,250💙
#XAUUSD#Gold
🚨After a sharp drop, the price has rebounded to 4311, and the 1-hour chart is currently consolidating in a narrow range at lower levels, awaiting confirmation of the next direction.
📈The first resistance level is at 4340, with a break above that targeting 4375-4390. 4420-4445 is a strong resistance zone, a previous low consolidation area, where any rebound is likely to face resistance.
📉The support levels are progressively higher: 4280 is the primary defense line, a break below which targets 4260, with deeper support at 4220.
🛑1: A short-term rebound testing the 4340-4380 resistance level could lead to another pullback, continuing the downtrend.
🛑2: A test of 4280 or even lower could occur, followed by the formation of a rounded bottom at lower levels, before a potential rebound.
🛑Currently, the price is stuck below 4340. For the bulls to reverse the downward trend, they must effectively hold and break through this level; the bears are watching whether 4280 can be breached.
#FX
#XAUUSD#GOLD#FX
Gold fell below 4300 to around 4287, but the subsequent rebound appeared somewhat weak.
Sellers still dominate.
Our short-term trading strategy: Sell on rallies.
Pay attention to the short-term resistance around 4310-4320.
We can try shorting with a small position when gold rebounds to around 4310-4320.
The 4335-4345 area is also a good selling point.
On the downside, watch for support around 4260.
If it breaks below 4260, the next support level is around 4200-4220.
Trade cautiously, reduce long positions, and wait for a rebound to short.
#XAUUSD#FX#Gold has broken below 4300, and this further decline could deepen the downside.
Short-term buying on dips is not advisable.
Support is expected around 4260-4280, with further declines anticipated.
Short-term trading strategy: Sell on rallies (short on rallies).
Resistance is around 4325-4330. Consider shorting with a small position when gold rallies to 4305-4315, adding to the position around 4325-4335.
Continue selling on rallies before the #ADP data release.
I have already shared precise trading signals in my signal group.
For more gold information and strategies, please follow and contact me.
#XAUUSD#GOLD
------Short position area (4350-4370)
------First downside target: 4320 (support level)
If it breaks below the above support, the profit target continues to be 4300-4280.
Like, follow, and share. Thank you for your support.
#XAUUSD
I am considering Gold Buy 4306/4302
Gold Buy Position
Reason H4 Bullish Base
Market Shift Structure
Break of Structure
Trendline Break Area
Order Block Area
H4 FVG Area
Let’s see Gold Bullish 📉
#XAUUSD#GOLD