GOLD 4H CHART ROUTE MAP AND TRADING PLAN FOR THE WEEK
4H Trading Analysis
Hi Everyone,
Here’s our updated 4H chart analysis and key levels for the upcoming week.
Market Overview
As seen on the chart, after successfully reaching TP2, the candle body failed to close above this level, and the EMA5 also did not cross and lock above it. Currently, Gold is trading within three weighted levels, with a gap above 2,800 and a gap below 2,788.
What’s Next for GOLD?
The 4H candle was unable to close above TP2 (2,815), and EMA5 was rejected at this level. This indicates a potential short-term reversal.
📉 Key Levels
Support Zones: Strong support is expected at the FVG zone and Gold Turn Levels at 2,788, 2,762, 2,745, and 2,705 (Retracement Range).
Downside Risks
If EMA5 crosses and holds below 2,788, the next target is 2,762.
If EMA5 crosses and holds below 2,762, the downside extends to 2,745.
A further break below 2,762 could drive prices down to 2,705.
📈 Bullish Scenario
A bounce from support levels could trigger a retest of TP1 (2,788), with potential upside towards TP2 (2,815) and TP3 (2,841).
Trading Strategy
🔹 Short-Term Trades:
Utilize 1H and 4H timeframes to capitalize on pullbacks at Gold Turn Levels.
Target 30–40 pips per trade while focusing on shorter positions in this range-bound market.
🔹 Long-Term Outlook:
Our bullish bias remains intact, viewing pullbacks as buying opportunities.
Buying dips from key levels offers better risk management rather than chasing tops.
Final Thoughts
Trade with confidence and discipline—our precise analysis keeps you well-prepared to navigate market movements. Stay tuned for daily updates and multi-timeframe insights.
Best regards,
📉💰 The Quantum Trading Mastery
Hi Everyone,
Here’s our updated 4H chart analysis and key levels for the upcoming week.
Market Overview
As seen on the chart, after successfully reaching TP2, the candle body failed to close above this level, and the EMA5 also did not cross and lock above it. Currently, Gold is trading within three weighted levels, with a gap above 2,800 and a gap below 2,788.
What’s Next for GOLD?
The 4H candle was unable to close above TP2 (2,815), and EMA5 was rejected at this level. This indicates a potential short-term reversal.
📉 Key Levels
Support Zones: Strong support is expected at the FVG zone and Gold Turn Levels at 2,788, 2,762, 2,745, and 2,705 (Retracement Range).
Downside Risks
If EMA5 crosses and holds below 2,788, the next target is 2,762.
If EMA5 crosses and holds below 2,762, the downside extends to 2,745.
A further break below 2,762 could drive prices down to 2,705.
📈 Bullish Scenario
A bounce from support levels could trigger a retest of TP1 (2,788), with potential upside towards TP2 (2,815) and TP3 (2,841).
Trading Strategy
🔹 Short-Term Trades:
Utilize 1H and 4H timeframes to capitalize on pullbacks at Gold Turn Levels.
Target 30–40 pips per trade while focusing on shorter positions in this range-bound market.
🔹 Long-Term Outlook:
Our bullish bias remains intact, viewing pullbacks as buying opportunities.
Buying dips from key levels offers better risk management rather than chasing tops.
Final Thoughts
Trade with confidence and discipline—our precise analysis keeps you well-prepared to navigate market movements. Stay tuned for daily updates and multi-timeframe insights.
Best regards,
📉💰 The Quantum Trading Mastery
עסקה פעילה
4H Chart Update
The price retraced to the bottom weighted level of 2,788, where the GoldTurn support held firm. With no sustained break below this level, a rejection was confirmed, leading to a strong bounce—perfectly aligning with our strategy to buy dips toward our bullish targets, successfully hitting TP1 and TP2 once again.
As Previously Stated:
📈 Bullish Scenario
A rebound from support levels could lead to a retest of TP1 (2,788), with potential upside towards TP2 (2,815) and TP3 (2,841).
✅ TP1: 2,788 Achieved
✅ TP2: 2,815 Achieved
⏳ TP3: 2,841 Pending...
🔍 Keep an eye on EMA5 crossing and locking above 2,815—this will confirm TP3 (2,841). Otherwise, expect a potential reversal back to the bottom weighted level of 2,788.
📌 Key Insight: The reaction of EMA5 will determine the next move—either a breakout above 2,815 or a retracement below 2,788.
Stay tuned for more updates! 🚀
עסקה סגורה: היעד הושג
What an incredible INSIGHT & What an incredible Day it has been :)
Successfully All TP Hit one by one.
TP1 2,788 ✅ DONE
TP2 2,815 ✅ DONE
TP3 2,841 ✅ DONE
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.