XAUUSD (Gold) – Shor...من Mitchell Grant

XAUUSD (Gold) – Short Analysis 📊 The market was previously range-bound, but the latest move shows a strong bullish breakout during the New York session 🚀 Key Insights: Price has clearly broken the 4,670–4,700 resistance zone Strong momentum with impulsive candles → buyers are in control Market structure is now forming higher highs & higher lows (bullish trend) Important Levels: Support: 4,780 – 4,760 Resistance: 4,840 – 4,860

إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.

Gold on 4H remains clearly bearish clean lower highs & lower lows with price stuck below key resistance. The recent bounce from ~4510 looks like short covering, not a real reversal. As long as we stay below 4700–4740, bias = sell the rallies. Only a strong break above 4780+ would shift momentum. TL;DR: Downtrend intact. This bounce = likely trap.

Mitchell Grant

Gold is showing a short-term recovery after bouncing from the 4,520–4,550 support zone, but the overall market structure still remains bearish. Price is now struggling near the 4,690–4,720 resistance area, where sellers are actively defending. A breakout above 4,720 could push gold toward 4,770+, while rejection from current levels may continue the broader downtrend, especially if price falls below 4,650.

Mitchell Grant

XAUUSD – 1H Analysis Gold swept liquidity above 4600 twice and faced strong rejection from the 4600–4620 supply zone, forming a double top on H1 — signaling bearish pressure. Structure: HTF remains bearish below 4620, with current move seen as a retracement. Rejection near 4600 suggests a potential lower high. 👉 Bias: Short-term bearish Key Levels: Resistance: 4600–4620 | 4580–4590 Support: 4538–4520 | 4460–4440 | 4405–4395 Liquidity grab above 4600 done — downside likely toward 520-4460.

Mitchell Grant