By analyzing the #Gold chart on the 4-hour timeframe, we see that the price has returned to the supply zone of $2524 to $2529, and I expect further correction from this area. Note that the primary scenario is bearish, and if the price breaks above $2532, this scenario will be invalidated. If the decline starts from this zone, the potential targets are $2518, $2512, and $2500, respectively!

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Operación cerrada manualmente
GOLD ~ $2518 Target Reached ✅

GOLD ~ $2512 Target Reached ✅

GOLD ~ $2503 Target Reached ✅
Operación cerrada: objetivo alcanzado
By analyzing the #Gold chart on the 4-hour timeframe, we can see that, as expected, gold experienced a significant drop yesterday, hitting almost all of our targets! The return from yesterday's analysis was about 200 pips, and currently, gold has reached the supply zone of $2524 to $2529 for the third time, trading around $2520 at the moment. Given that the price has penetrated this critical level multiple times, it might not reject the price from this zone again. If that's the case, we could see gold rise above $2529 and even $2532. My advice to you is to avoid being a seller in this area for the fourth time! I hope you make the most of this analysis as well!

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Operación activa
New Position Based on This Analysis : (First Long, Then SHORT)

By analyzing the #Gold chart on the 4-hour timeframe, we can see that on Friday, gold faced selling pressure for the fourth time after rising to $2526, dropping as low as $2490! This drop created a large FVG (Fair Value Gap), which I expect to be filled soon with a price increase. This gap is between $2506 and $2515. Additionally, if the price rises to this identified zone, be sure to monitor the price reaction closely to the $2512 to $2526 range! If we consider a bearish scenario in the short term, the key condition would be for the price to stabilize below $2515 after the rise. In that case, we can expect a drop to levels below $2490!

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Operación cerrada: objetivo alcanzado
By analyzing the #Gold chart on the 4-hour timeframe, we can see that, as expected, the price entered the $2506 level. After reaching this critical level, it reacted negatively and, according to the analysis, has dropped to $2486, hitting our target! The price might have an initial positive reaction around the $2485 to $2489 range, but my short-term outlook remains bearish. Keep in mind that the FVG (Fair Value Gap) has not been fully filled yet, and I expect this gap to be filled with a price rise to $2512 in the medium term.

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Nota
Upon re-examining the #Gold chart on the 4-hour timeframe, we can see that, as expected, the price started to rise from the $2484 level and quickly increased by over 150 pips to reach $2502. After that, it experienced a sharp decline, correcting down to $2473! The total return from this analysis so far has been over 500 pips! Currently, gold is trading around the $2485 range, and we’ll need to observe where the price closes in the next 8 hours to predict the next move.

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