Gold – Technical Analysis (H4)

Gold is sitting on the edge of a potential collapse in price that could extend all the way down to the psychological $4,000 zone. Given the size of the timeframe, such a scenario is likely to unfold over several trading days and will probably spill into the following trading week. The most attractive selling zone remains the previous swing high near $4,425.

Key Levels:

⬜ $4,425 – optimal sell zone / resistance

⬜ $4,000 – psychological support target

Primary Scenario:

Pullback higher toward $4,425, followed by a sharp reversal lower.

Alternative Scenario:

Consolidation around current levels.

Analyst Commentary:

A series of bearish patterns on lower timeframes (Over & Under, Head-and-Shoulders) also point to a high probability that the uptrend is coming to