Gold Analysis and Trading Strategy | November 25–26

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✅ From the 4-hour chart, gold is still in a post-rebound consolidation range. After quickly rebounding from the 4022 level, the price is currently running above the MA5 and MA10. Short-term bulls still have momentum, but the upside pressure remains strong. The price is fluctuating above the Bollinger middle band, and the bands are slightly narrowing, indicating the market is entering a range-bound consolidation phase.

✅ From the 1-hour structure, the market is in a bullish upward-shifting structure, with higher lows and higher highs. Although MA5 and MA10 show slight convergence, the price has moved back above the short-term moving averages, indicating that the bullish momentum is still dominant.

🔴 Resistance Levels: 4156–4160 / 4170–4180
🟢 Support Levels: 4110–4120 / 4070–4080

✅ Trading Strategy Reference
🔰 Focus on Shorting on Rebounds

📍 Sell lightly around 4156–4160
🎯 Targets: 4135 / 4120
⛔ Stop-loss: Above 4170
This zone is a strong H4 resistance area that has been tested multiple times without breaking, making it a priority area for short entries.

🔰 Buy on Pullbacks

📍 Consider long positions around 4126–4130
🎯 Targets: 4155 / 4160 /4170
⛔ Stop-loss: Below 4115
The H1 moving-average system provides clear support. As long as 4115 holds, the bullish trend can continue.

🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions.

Penafian

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