XAUUSD Update — Bearish Continuation Still Active

avatar
· Views 991

Market Overview:

Gold remains under strong bearish pressure after a sharp rejection from 4698, with price currently trading near session lows around 4631. Recent bounce attempts have failed quickly, confirming that seller dominance remains intact.

No bullish structure shift has been observed yet, and current price behavior suggests continued downside risk unless key resistance levels are reclaimed.

Momentum indicators reinforce the bearish outlook — MACD remains deeply negative, while Stoch RSI bouncing from oversold indicates only a temporary relief bounce, not a trend reversal.


📍 Key Zones

🔴 Supply Zones (Sell Areas)

  • 4635 – 4641 → Immediate bounce cap
  • 4648 – 4655 → Major supply zone
  • FVG: 4633 – 4638 → Bearish imbalance zone

🟢 Demand Zones (Targets)

  • 4622 – 4626 → Fresh demand zone
  • 4615 – 4620 → Major demand support

📊 Trade Scenario

🔴 Primary Setup — Sell the Bounce

📍 Entry Zone: 4635 – 4639 (rejection area)

🎯 Target 1: 4626

🎯 Target 2: 4620

This setup aligns with bearish momentum and structure continuation.


🟢 Bullish Invalidation Scenario

Bullish momentum becomes possible only if:

📈 Price reclaims above 4641

📈 Holds retest successfully

Without this confirmation, upside moves remain corrective.


⚠️ Momentum Insight

  • MACD: Deeply bearish
  • Stoch RSI: Oversold bounce (relief only)
  • Trend: Bearish continuation

Current market conditions favor selling rallies rather than chasing bottoms.


📌 Pro Trader Note

Gold is currently in a sell-the-bounce environment, where failed bounces create high-probability setups.

📉 Below 4641 → bearish bias remains

📈 Above 4641 → reassess structure

Patience + confirmation remains key in trending markets.



For trails and more analysis follow or : https://t.co/2BkxilNbVF


#XAU/USD# #GOLDTODAY# #gold# #Goldboom#


XAUUSD Update — Bearish Continuation Still Active


免責事項:本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。

この記事が気に入ったら、著者にチップを送って感謝の気持ちを表しましょう。
応答 0

古いコメントはありません。ソファをつかむ最初のものになりましょう。

  • tradingContest