Gold Analysis & Trading Strategy | December 5–6

✅ 4H Chart Trend Analysis
1️⃣ Strong spike then rapid reversal – forming a false breakout
A long upper shadow above 4259 indicates overheated bullish sentiment followed by aggressive selling → bullish momentum exhausted

2️⃣ Moving averages turning bearish
Price has fallen back below MA5 & MA10
➡️ Uptrend correction confirmed → short-term rebound ended

3️⃣ Price loses the Bollinger mid-band
Trading below the middle band shifts the structure into a weak consolidation zone

📌 As long as price fails to reclaim 4241–4245,
the mid-term outlook remains corrective, not bullish.

📊 1H Chart Trend Analysis
1️⃣ Sharp drop from highs with consecutive bearish candles
All previous bullish signals fully invalidated → bear trend established

2️⃣ Short-term MAs in bearish alignment
Price remains below MA5 / MA10 / MA20
➡️ Any bounce = sell opportunity

3️⃣ Lower Bollinger Band opening downward
→ Downward momentum still extending

🔴 Resistance Levels
4218–4222 (short-term rejection zone)

4235–4241 (major resistance — primary short entry zone)

🟢 Support Levels
4198–4202 (first support)

4185–4180 (break = accelerated downside)

4165–4163 (next key downside target)

🎯 Trading Strategy Reference
🔰 Main Strategy: Sell the Rebound (trend-following)

📍Entry Zone: 4218–4222
🎯Targets: 4205 / 4192 / 4185
⛔Stop-loss: Above 4230

🔰 Secondary Strategy: Breakout Short Entry

📍If price breaks 4198 with volume
🎯Targets: 4185 → 4165
⛔Stop-loss: Above 4208

⚠️ Not recommended to bottom-buy blindly
Any long trades must wait for a clear reversal signal.

📌 Trend Summary
Price fails to recover above 4235 Bearish bias remains — sell rallies
Price breaks below 4198 with volume Downside opens toward 4185–4163
Price reclaims 4241–4245 Trend may shift into stronger recovery

📌Current phase: Bull trap confirmed → corrective downtrend in progress