Gold closed the US session around 3,981, consolidating within a narrow range after a strong impulsive move from 3,946 → 3,991.
The pair continues to show bullish structure on all major timeframes, but with signs of momentum fatigue at current highs.
Asian session likely to provide either a minor correction or accumulation phase before next directional move during London.
⸻
📊 1️⃣ DAILY TIMEFRAME (D1)
• Structure: Strong bullish continuation since breaking out above 3,866 (last week’s BOS).
• EMAs: Price trading well above the 20 EMA (3,918) and 50 EMA (3,837) → showing strong trend control by buyers.
• RSI: 77 → overbought, risk of a short-term correction before further upside.
• Parabolic SAR: Still below price, confirming uptrend intact.
• Immediate resistance: 3,991–4,000 (psychological zone)
• Key support: 3,918–3,914
🔹 Bias: Trend remains bullish, but watch for exhaustion near 4,000. A corrective pullback toward 3,965–3,940 would be healthy for continuation.
⸻
📉 2️⃣ 1H TIMEFRAME (H1)
• Price trading in a rising channel, currently at upper boundary (~3,981).
• Previous BOS confirmed at 3,965, turning that area into dynamic support.
• EMAs 20/50 (3,970–3,961) acting as intraday support band.
• MACD histogram slightly fading → momentum cooling, but still positive.
• RSI 64 → neutral, providing space for another push higher if buyers defend supports.
• Structure forming potential ascending triangle → breakout may target 3,991 → 4,000 zone.
🔹 Bias: Bullish above 3,961, neutral between 3,961–3,946, bearish only below 3,946.
⸻
⏱ 3️⃣ 15M TIMEFRAME (M15)
• Clear liquidity sweep below 3,961 earlier, followed by a Change of Character (CHoCH) to bullish.
• Price forming higher lows, consolidating between 3,977–3,982 → tight compression before breakout.
• MACD recovering from minor bearish phase, RSI 58 → modest bullish pressure.
• EMAs crossing upward again, aligning with structure support at 3,973–3,970.
🔹 Expect accumulation within 3,973–3,982 before breakout confirmation.
⸻
📈 4️⃣ 5M TIMEFRAME (M5 – Scalping Focus)
• Micro-structure: short-term consolidation with support at 3,970 and resistance at 3,983.
• Momentum: MACD showing flattening histogram, RSI neutral (~52) → potential low-volume Asian range.
• EMAs flatlining → ideal setup for scalpers awaiting breakout or pullback to golden zone.
⸻
✨ FIBONACCI GOLDEN ZONE (SHORT-TERM)
Measured from 3,946 (swing low) → 3,991 (swing high):
• 38.2% = 3,974
• 50% = 3,968
• 61.8% = 3,962
🔸 This forms the Golden Zone = 3,974–3,962 — high-probability buy reaction area if tested.
Aligns with trendline + EMA support, increasing confluence.
⸻
🚨 BREAKOUT LEVELS TO WATCH
Direction Breakout Zone Retest Confirmation Target Zones
Bullish Above 3,983–3,985 Retest 3,980–3,982 3,991 → 4,000 → 4,015
Bearish Below 3,961–3,958 Retest 3,962–3,965 3,946 → 3,940 → 3,927
⸻
🧭 ASIAN SESSION OUTLOOK
• Base Case (60% probability):
Sideways-to-slightly bullish consolidation above 3,970 ahead of London volatility.
Price likely to respect Golden Zone (3,974–3,962) before continuation.
• Alternative (30% probability):
Brief dip into 3,958–3,946 liquidity pocket before strong bounce upward.
• Low Probability (10%):
Sustained bearish breakdown below 3,946, invalidating intraday uptrend.
⸻
📊 SUMMARY
• Gold remains in a strong bullish uptrend, consolidating near the top of the channel.
• 3,974–3,962 (Golden Zone) remains key area for buyers to defend.
• Breakout above 3,985 will confirm continuation toward 4,000–4,015.
• Only a confirmed drop below 3,946 shifts structure bearish short term.
Bias for Asian Session:
🟢 Bullish above 3,962
⚪ Neutral between 3,962–3,946
🔴 Bearish below 3,946
⸻
🟡 Conclusion:
Expect calm range trading during Asia with bullish continuation probability if 3,970–3,962 holds.
Aggressive moves likely resume in London session.
Overall structure and indicators favor dip accumulation rather than shorting.
⸻
The pair continues to show bullish structure on all major timeframes, but with signs of momentum fatigue at current highs.
Asian session likely to provide either a minor correction or accumulation phase before next directional move during London.
⸻
📊 1️⃣ DAILY TIMEFRAME (D1)
• Structure: Strong bullish continuation since breaking out above 3,866 (last week’s BOS).
• EMAs: Price trading well above the 20 EMA (3,918) and 50 EMA (3,837) → showing strong trend control by buyers.
• RSI: 77 → overbought, risk of a short-term correction before further upside.
• Parabolic SAR: Still below price, confirming uptrend intact.
• Immediate resistance: 3,991–4,000 (psychological zone)
• Key support: 3,918–3,914
🔹 Bias: Trend remains bullish, but watch for exhaustion near 4,000. A corrective pullback toward 3,965–3,940 would be healthy for continuation.
⸻
📉 2️⃣ 1H TIMEFRAME (H1)
• Price trading in a rising channel, currently at upper boundary (~3,981).
• Previous BOS confirmed at 3,965, turning that area into dynamic support.
• EMAs 20/50 (3,970–3,961) acting as intraday support band.
• MACD histogram slightly fading → momentum cooling, but still positive.
• RSI 64 → neutral, providing space for another push higher if buyers defend supports.
• Structure forming potential ascending triangle → breakout may target 3,991 → 4,000 zone.
🔹 Bias: Bullish above 3,961, neutral between 3,961–3,946, bearish only below 3,946.
⸻
⏱ 3️⃣ 15M TIMEFRAME (M15)
• Clear liquidity sweep below 3,961 earlier, followed by a Change of Character (CHoCH) to bullish.
• Price forming higher lows, consolidating between 3,977–3,982 → tight compression before breakout.
• MACD recovering from minor bearish phase, RSI 58 → modest bullish pressure.
• EMAs crossing upward again, aligning with structure support at 3,973–3,970.
🔹 Expect accumulation within 3,973–3,982 before breakout confirmation.
⸻
📈 4️⃣ 5M TIMEFRAME (M5 – Scalping Focus)
• Micro-structure: short-term consolidation with support at 3,970 and resistance at 3,983.
• Momentum: MACD showing flattening histogram, RSI neutral (~52) → potential low-volume Asian range.
• EMAs flatlining → ideal setup for scalpers awaiting breakout or pullback to golden zone.
⸻
✨ FIBONACCI GOLDEN ZONE (SHORT-TERM)
Measured from 3,946 (swing low) → 3,991 (swing high):
• 38.2% = 3,974
• 50% = 3,968
• 61.8% = 3,962
🔸 This forms the Golden Zone = 3,974–3,962 — high-probability buy reaction area if tested.
Aligns with trendline + EMA support, increasing confluence.
⸻
🚨 BREAKOUT LEVELS TO WATCH
Direction Breakout Zone Retest Confirmation Target Zones
Bullish Above 3,983–3,985 Retest 3,980–3,982 3,991 → 4,000 → 4,015
Bearish Below 3,961–3,958 Retest 3,962–3,965 3,946 → 3,940 → 3,927
⸻
🧭 ASIAN SESSION OUTLOOK
• Base Case (60% probability):
Sideways-to-slightly bullish consolidation above 3,970 ahead of London volatility.
Price likely to respect Golden Zone (3,974–3,962) before continuation.
• Alternative (30% probability):
Brief dip into 3,958–3,946 liquidity pocket before strong bounce upward.
• Low Probability (10%):
Sustained bearish breakdown below 3,946, invalidating intraday uptrend.
⸻
📊 SUMMARY
• Gold remains in a strong bullish uptrend, consolidating near the top of the channel.
• 3,974–3,962 (Golden Zone) remains key area for buyers to defend.
• Breakout above 3,985 will confirm continuation toward 4,000–4,015.
• Only a confirmed drop below 3,946 shifts structure bearish short term.
Bias for Asian Session:
🟢 Bullish above 3,962
⚪ Neutral between 3,962–3,946
🔴 Bearish below 3,946
⸻
🟡 Conclusion:
Expect calm range trading during Asia with bullish continuation probability if 3,970–3,962 holds.
Aggressive moves likely resume in London session.
Overall structure and indicators favor dip accumulation rather than shorting.
⸻
— ElDoradoFx PREMIUM 3.0 Team 🚀
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— ElDoradoFx PREMIUM 3.0 Team 🚀
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
