_CFDs on Gold (US$ / OZ) · 4h · TVC | $4,145.240 +0.47%_ 1. Price Structure_ Left to right: Aug 2025 ∼$3,200 > Feb 2026 ∼$5,600 = HH. Feb ∼$5,600 > Mar ∼$4,200 > Jun/Jul ∼$4,000 > Now $4,145 = LL. $4,800 > $4,600 > $4,400 > $4,200 = LH sequence. Current $4,145 is holding above $4,100 after bouncing from $4,000. No HH above $4,200 since March. Structure is bearish, but $4,000 support is defending. 2. Trend Direction_ 4H bearish → neutral bounce. Sequence: $5,600 > $5,200 > $4,800 > $4,400 > $4,200 > $4,145. Trend break: $4,400 lost in June. Momentum: $4,000 → $4,145 with green candles +0.47%. Bias bullish only on 4H close >$4,200. Until then, lower highs sequence is valid. 3. Volume Analysis_ Spikes: Feb $5,600 = peak volume = distribution. Mar drop = heavy red volume. Current 285.05K = above average on green candles vs June. Buyers are more active than last week. Still no Feb/Mar level volume, so bounce is corrective for now. 4. Moving Averages_ No MAs visible. Price action: All rallies from Apr to Jun rejected at $4,800 → $4,600 → $4,400 → $4,200. Now price is back testing $4,100-$4,200 from below. First close above $4,100 after $4,000 low. 5. RSI and Momentum_ No sub-panel. Price: Down leg $5,600→$4,000, now up leg $4,000→$4,145. Higher low vs $4,000 = momentum shifting up. No divergence seen. Momentum is improving but not confirmed until $4,200 breaks. 6. Key Support and Resistance_ Support_: $4,100 flip zone, $4,050, $4,000 psychological floor. Resistance_: $4,200 seller zone, $4,300 breakdown area, $4,400 June LH, $4,600. Flip_: $4,200. Above = target $4,300, below = retest $4,100/$4,000. 7. Trading Plan_ Long bias_: 4H hold >$4,100 retest. Entry $4,130. SL $4,020, TP1 $4,200, TP2 $4,300, TP3 $4,400. R:R ∼1:2. Short only if_: 4H rejection at $4,200. Entry $4,180, SL $4,260, TP $4,100/$4,050/$4,000. No-trade_: $4,100-$4,200 chop without 4H close. 8. Risk Management_ Rule 1: $4,100 fake break = trap. Wait for 4H candle close. Rule 2: $4,000 break = extension to $3,900-$3,800. Size: 0.5%-1% risk. Gold 4H range $40-$90. Don’t chase the +0.47% move. 9. Invalidation Levels_ Bullish invalid_: Close $4,200 → $4,300-$4,400. Range invalid_: 3x 4H closes $4,100-$4,200 = compression before next leg. 10. Final Read_ Bearish structure testing a reversal at $4,100. $4,000 held with rising volume 285K. Key: $4,200. Bullish_: 4H Close >$4,200 | _Bearish_: 4H Close
