$XAUT IS GO UP???
#KOSPIFalls3.53%BackBelow6000
Bearish breakdown: Gold fell below the important $4,000 psychological level.
Strong selling pressure: Price moved toward $3,870–$3,890.
Potential relief bounce: RSI is approaching oversold territory.
Trend confirmation: Buyers need to reclaim $3,947–$4,000 to improve the short-term outlook.
Recovery above $3,948
If gold confirms a 4H candle close above $3,948 with strong volume:
Target Price
TP1 $3,978
TP2 $4,000
TP3 $4,050
A daily close above $4,000 would provide stronger recovery confirmation.
Breakdown below $3,871
If gold closes below $3,871:
Target Price
TP1 $3,853
TP2 $3,799
TP3 $3,6
Aggressive long: Wait for a bullish reversal candle near $3,871.
Safer long: Wait for a 4H close above $3,948 and a successful retest.
Short setup: A confirmed breakdown below $3,871 could open $3,799.
Major reversal confirmation: Daily close above $4,000.
Bearish breakdown: Gold fell below the important $4,000 psychological level.
Strong selling pressure: Price moved toward $3,870–$3,890.
Potential relief bounce: RSI is approaching oversold territory.
Trend confirmation: Buyers need to reclaim $3,947–$4,000 to improve the short-term outlook.
#KOSPIFalls3.53%BackBelow6000
Bearish breakdown: Gold fell below the important $4,000 psychological level.
Strong selling pressure: Price moved toward $3,870–$3,890.
Potential relief bounce: RSI is approaching oversold territory.
Trend confirmation: Buyers need to reclaim $3,947–$4,000 to improve the short-term outlook.
Recovery above $3,948
If gold confirms a 4H candle close above $3,948 with strong volume:
Target Price
TP1 $3,978
TP2 $4,000
TP3 $4,050
A daily close above $4,000 would provide stronger recovery confirmation.
Breakdown below $3,871
If gold closes below $3,871:
Target Price
TP1 $3,853
TP2 $3,799
TP3 $3,6
Aggressive long: Wait for a bullish reversal candle near $3,871.
Safer long: Wait for a 4H close above $3,948 and a successful retest.
Short setup: A confirmed breakdown below $3,871 could open $3,799.
Major reversal confirmation: Daily close above $4,000.
Bearish breakdown: Gold fell below the important $4,000 psychological level.
Strong selling pressure: Price moved toward $3,870–$3,890.
Potential relief bounce: RSI is approaching oversold territory.
Trend confirmation: Buyers need to reclaim $3,947–$4,000 to improve the short-term outlook.
