GOLD: The Area Around $4,362 May Mark the End of the Rally

Gold Technical Analysis: $Gold - main 2612(GCmain)$$XAU/USD(XAUUSD.FOREX)$

Currently, the 4-hour candlestick chart is showing a bearish downtrend, heading straight toward the lower Bollinger Band at $4,320.

The price pattern has formed a “head-and-shoulders top” and “M-top” structure, indicating a short-term top. Since the pullback from the mid-August high (above 4,450), the highs have continued to decline.

The current price has not only broken below the middle Bollinger Band at $4,378, but the short-term moving averages (MA5/MA10) have also formed a bearish crossover at higher levels above the price, confirming a short-term bearish trend. The area around $4,362 may mark the end of the rally!

For intraday trading, focus primarily on short positions!

Strategy: XAUUSD Sell: 4352–55 TP: 4312 SL: 4370 (Note: The Fed will release the minutes from its monetary policy meeting today)!

Macro Trend

Monetary policy, various types of price indices... Here is everything about the macro economy!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Benshine
08-19 19:04
Benshine
where got so easy analysis gold movement one

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":598378601082928,"tweetId":"598378601082928","gmtCreate":1787119222972,"gmtModify":1787119855346,"author":{"id":10000000000010924,"idStr":"10000000000010924","authorId":10000000000010924,"authorIdStr":"10000000000010924","name":"XAUUSD Gold Traders","avatar":"https://community-static.tradeup.com/news/6ec329fddcb95dc0e61a33a6a2b637a9","vip":8,"userType":8,"introduction":"，","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":497,"starInvestorFlag":false},"themes":[{"themeId":"4143db0c6a084fb6bb4cba1db09bcbb5","categoryId":"7cf744760f454845a1870a05ea4e151d","name":"Macro Trend","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":4143db0c6a084fb6bb4cba1db09bcbb5}&rnconfig={\"headerBarHidden\": true}","description":"Monetary policy, various types of price indices... Here is everything about the macro economy!","image":"https://static.tigerbbs.com/b92fcdcbb675f48af67c8cfbd53f43a3"}],"images":[{"img":"https://community-static.tradeup.com/news/906fa7abc8898b2a58057e086d53524d","width":"1035","height":"517"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/906fa7abc8898b2a58057e086d53524d","width":"1035","height":"517"}],"title":"GOLD: The Area Around $4,362 May Mark the End of the Rally","html":"<html><head></head><body>Gold Technical Analysis: <a data-mention-id=\"GCmain\" rel=\"noopener noreferrer\" class=\"teditor-mention\" data-mention-name=\"Gold - main 2612\" target=\"_blank\" href=\"https://ttm.financial/FUT/GCmain\">$Gold - main 2612(GCmain)$</a><a data-mention-id=\"XAUUSD.FOREX\" rel=\"noopener noreferrer\" class=\"teditor-mention\" data-mention-name=\"XAU/USD\" target=\"_blank\" href=\"https://ttm.financial/S/XAUUSD.FOREX\">$XAU/USD(XAUUSD.FOREX)$</a>\nCurrently, the 4-hour candlestick chart is showing a bearish downtrend, heading straight toward the lower Bollinger Band at $4,320.\nThe price pattern has formed a “head-and-shoulders top” and “M-top” structure, indicating a short-term top. Since the pullback from the mid-August high (above 4,450), the highs have continued to decline.\nThe current price has not only broken below the middle Bollinger Band at $4,378, but the short-term moving averages (MA5/MA10) have also formed a bearish crossover at higher levels above the price, confirming a short-term bearish trend. The area around $4,362 may mark the end of the rally!\nFor intraday trading, focus primarily on short positions!\nStrategy: XAUUSD Sell: 4352–55 TP: 4312 SL: 4370 (Note: The Fed will release the minutes from its monetary policy meeting today)!\n<img data-align=\"center\" src=\"https://community-static.tradeup.com/news/906fa7abc8898b2a58057e086d53524d\" tg-width=\"1035\" tg-height=\"517\"></body></html>","htmlText":"<html><head></head><body>Gold Technical Analysis: <a data-mention-id=\"GCmain\" rel=\"noopener noreferrer\" class=\"teditor-mention\" data-mention-name=\"Gold - main 2612\" target=\"_blank\" href=\"https://ttm.financial/FUT/GCmain\">$Gold - main 2612(GCmain)$</a><a data-mention-id=\"XAUUSD.FOREX\" rel=\"noopener noreferrer\" class=\"teditor-mention\" data-mention-name=\"XAU/USD\" target=\"_blank\" href=\"https://ttm.financial/S/XAUUSD.FOREX\">$XAU/USD(XAUUSD.FOREX)$</a>\nCurrently, the 4-hour candlestick chart is showing a bearish downtrend, heading straight toward the lower Bollinger Band at $4,320.\nThe price pattern has formed a “head-and-shoulders top” and “M-top” structure, indicating a short-term top. Since the pullback from the mid-August high (above 4,450), the highs have continued to decline.\nThe current price has not only broken below the middle Bollinger Band at $4,378, but the short-term moving averages (MA5/MA10) have also formed a bearish crossover at higher levels above the price, confirming a short-term bearish trend. The area around $4,362 may mark the end of the rally!\nFor intraday trading, focus primarily on short positions!\nStrategy: XAUUSD Sell: 4352–55 TP: 4312 SL: 4370 (Note: The Fed will release the minutes from its monetary policy meeting today)!\n<img data-align=\"center\" src=\"https://community-static.tradeup.com/news/906fa7abc8898b2a58057e086d53524d\" tg-width=\"1035\" tg-height=\"517\"></body></html>","text":"Gold Technical Analysis: $Gold - main 2612(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Currently, the 4-hour candlestick chart is showing a bearish downtrend, heading straight toward the lower Bollinger Band at $4,320. The price pattern has formed a “head-and-shoulders top” and “M-top” structure, indicating a short-term top. Since the pullback from the mid-August high (above 4,450), the highs have continued to decline. The current price has not only broken below the middle Bollinger Band at $4,378, but the short-term moving averages (MA5/MA10) have also formed a bearish crossover at higher levels above the price, confirming a short-term bearish trend. The area around $4,362 may mark the end of the rally! For intraday trading, focus primarily on short positions! Strategy: XAUUSD Sell: 4352–55 TP: 4312 SL: 4370 (Note: The Fed will release the minutes from its monetary policy meeting today)!","highlighted":1,"essential":1,"paper":2,"likeSize":18,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/598378601082928","repostId":0,"isVote":1,"tweetType":1,"viewCount":717,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["XAUUSD.FOREX","GCmain"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":757,"optionInvolvedFlag":false,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":598469466059984,"commentId":"598469466059984","gmtCreate":1787137487224,"gmtModify":1787137765500,"authorId":3581486017808713,"author":{"id":3581486017808713,"idStr":"3581486017808713","authorId":3581486017808713,"name":"Benshine","avatar":"https://community-static.tradeup.com/news/41c28b429b5608e4b3bd3a6a13d289b1","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.12.01","exceedPercentage":"93.28%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectEnabled":0,"wearingSort":0},"hat":"https://static.tigerbbs.com/f3e7f6253c885de8bad6403055b76aab","crmLevel":12,"crmLevelSwitch":1,"individualDisplayBadges":[],"wearingBadges":[{"badgeId":"972123088c9646f7b6091ae0662215be-3","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","isScarce":0,"effectEnabled":0,"redirectLinkEnabled":0,"redirectLinkValidityFrom":0,"redirectLinkValidityTo":9223372036854776000}]},"repliedAuthorId":0,"objectId":598378601082928,"objectIdStr":"598378601082928","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"where got so easy analysis gold movement one","text":"where got so easy analysis gold movement one","html":"where got so easy analysis gold movement one","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/598378601082928"}