Gold (XAUUSD) is currently trading with a clear bearish bias, showing sustained downside momentum on the 4H timeframe 🕒. Price has been gradually stepping lower, and the structure continues to favor the sellers.
As expected for early in the week, there’s been a bit of choppy movement ⚖️, but the overall sentiment remains weak. Unless we see a strong shift or catalyst, I’ll be maintaining a bearish outlook.
🧭 I’m watching for price to revisit key resistance levels, and if we get a clean break and retest 🔄, I’ll be looking for potential short setups from areas of previous demand that flip into resistance.
🌐 Keep an eye on broader risk sentiment — if NASDAQ starts pulling back or DXY strengthens, it could fuel further downside in gold.
As always, this is not financial advice, but the detailed breakdown is available in the latest video 🎥.
As expected for early in the week, there’s been a bit of choppy movement ⚖️, but the overall sentiment remains weak. Unless we see a strong shift or catalyst, I’ll be maintaining a bearish outlook.
🧭 I’m watching for price to revisit key resistance levels, and if we get a clean break and retest 🔄, I’ll be looking for potential short setups from areas of previous demand that flip into resistance.
🌐 Keep an eye on broader risk sentiment — if NASDAQ starts pulling back or DXY strengthens, it could fuel further downside in gold.
As always, this is not financial advice, but the detailed breakdown is available in the latest video 🎥.
👀 🚀 BUY/SELL SIGNALS INDICATORS THAT CUT THROUGH VOLATILITY WITH PRECISION 🔥💰
🔗 youtu.be/N1ZBqc4VA3U
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🔗 youtu.be/N1ZBqc4VA3U
👀 👉Join Our DISCORD For MORE Trade Ideas & Info:
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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.
👀 🚀 BUY/SELL SIGNALS INDICATORS THAT CUT THROUGH VOLATILITY WITH PRECISION 🔥💰
🔗 youtu.be/N1ZBqc4VA3U
👀 👉Join Our DISCORD For MORE Trade Ideas & Info:
🔗 discord.com/invite/PcBeCdwVQq
🔗 youtu.be/N1ZBqc4VA3U
👀 👉Join Our DISCORD For MORE Trade Ideas & Info:
🔗 discord.com/invite/PcBeCdwVQq
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.