Gold selling expected today 12-11-2025Gold is about to dump down by 1.5 percent today by chart analysis.
Lets see what happenes.
Waiting for structure to become bearish. If it makes lower low and then again
Then it will be down.
Trade ideas
Gold Defends $4100 As Senate Works to Resolve Shutdown .Dollar Index consolidates Above 200 Day SMA 99.00
.Global stock Indices show resilience on optimism on US shutdown.
.Markets count on rate cut by Fed in early next year.
.Global economic concerns continue to boost Gold demand.
What's Going on in Gold?
Recent drop in Gold prices reaching $4097 has witnessed mild recovery which faces hurdle at $4145 as global stock indices show resilience in the backdrop of optimism on the US Senate working on a possible resolution to the longest government shutdown in the US history stretching to 42 days. The demand for the greenback shows some limited recovery as the dollar index consolidates above 200 day SMA 99.00
Fundamental Drivers:
US Senate votes to end the longest shutdown.
Dollar Index shows mild recovery above 99.00
Markets expect interest rate cut in early next year though Fed officials maintain neutrality.
Central Banks, especially China and Mid East, continue Gold purchases.
Safe haven demand continues in consistent manner.
Investors position for future inflation hedging.
Technical Drivers:
Price stability above psychological handle of $4100
Bulls defending 5 Day EMA $4090, the first line of defence.
4 Hour RSI reading at 62, still room for extension towards next leg higher before overbought conditions appear.
Immediate hurdle sits at $4145 above which $4155 is next challenge.
Immediate support sits at $4118-$4115 below which $4100 my be exposed.
What's Next High Probability Scenario:
Prevailing price stability above immediate support $4118-$4115 favours further upside on strong break above descending trend line resistance dynamically positioned at $4143-$4145 which next requires clear break above $4153-$4155 to advance towards next target $4193 which aligns with 61.8% Fibonacci retracement of correction from $4381 record high to $3886 low
XAUUSD Short idea 12/11/2025Wassup Lads!!!!! Yeah cmonnnn, we're on a winning streak overall. So this is basically purely a time based model, it's simple nothing complex. Gold has taken out London highs and caused a change in the state of delivery, we'll look to go lower for a 2R Win. C'MON!! Let's keep winning!!
Gold Intraday Setup (XAU/USD)Price tapped into the premium zone after a sharp impulsive leg, showing signs of exhaustion near 4139–4140 levels. Expecting a potential short-term correction as liquidity above recent highs has been swept.
Bias: Short
Entry: 4134
Stop Loss: 4140
Target: 4120
R:R: ~2:1
Watching for confirmation on lower timeframes before continuation.
#Gold #XAUUSD #PriceAction #LiquidityGrab #YCGHCapital
Candle Patterns Understanding the Basics of a Candlestick
Each candlestick represents the price movement of an asset within a specific time period — it could be one minute, one hour, one day, or even one week.
A candlestick consists of four main components:
Open – the price at which the asset started trading for the period.
Close – the price at which the asset finished trading for that period.
High – the highest price reached during the period.
Low – the lowest price reached during the period.
The body (the thick part of the candle) shows the range between the open and close prices.
If the close is higher than the open, the candle is bullish (usually green or white).
If the close is lower than the open, it’s bearish (usually red or black).
The thin lines above and below the body are called wicks or shadows, showing the highest and lowest traded prices.
XAU/USD – Price Accumulating in a Narrow Range, Ready to Expand⏰ Timeframe: 30m
📅 Update: 11/12/2025
🔍 Market Context
Gold maintains a neutral structure after forming a Change of Character (CHoCH) around the 4,144 USD area.
Yesterday's session witnessed a narrow fluctuation between the Demand Zone – Support Zone, indicating the market is absorbing liquidity before determining the next direction.
The medium-term upward momentum remains unbroken, but the price needs a clear balancing phase before continuation.
📊 Technical Structure
Demand Zone (4,144 USD): a short-term supply – demand area where the market previously reacted strongly, now becoming a potential testing zone.
Support Zone (4,099 USD): confluence structure – an area where buying flows may return when the price retests.
Order Block (4,081 USD): a deep defensive zone, corresponding to the main Discount area in the current cycle.
Equal Lows (EQL) & CHoCH: indicate a short-term transition between two sides, but the overall bias slightly leans towards an increase.
🎯 Market Outlook
High probability scenario for the day:
1️⃣ Price may fluctuate within the 4,099–4,144 USD balance zone to attract liquidity.
2️⃣ If a strong reaction occurs from the Support Zone or Order Block, gold may establish a new upward move towards 4,165–4,180 USD.
3️⃣ Conversely, if the price closes below 4,081 USD, the short-term structure will temporarily shift to neutral, prioritizing a re-accumulation phase.
🧠 Analyst’s View
Current price behavior reflects a “pause phase” in the larger upward structure.
When the market balances at lower levels, the key observation is not the bounce, but the reaction when liquidity is swept — where the true momentum of the trend is reignited.
As long as the price does not break the 4,081 USD mark, the medium-term upward trend remains intact.
🛡️ Risk Note
This is a technical analysis, not investment advice.
The market can change rapidly during US sessions – wait for clear confirmation from price action before participating.
XAUUSD H1 – Double Tap Liquidity & Reentry Setup🕊️ Market Context
Gold just delivered a beautiful liquidity sweep from the highs at 4148, after multiple CHoCH–BMS transitions confirmed structural bullish intent.
We are now seeing price forming equal lows, tapping the buy zone (4090–4085) — a clean H1 demand block aligned with the 0.618 retracement.
💎 Technical Analysis (SMC Perspective)
Structure:
Higher-timeframe structure remains bullish, following multiple BMS breaks to the upside.
Current pullback is corrective — a typical liquidity sweep to rebalance inefficiency.
BUY ZONE: 4090 – 4085 (SL 4080)
→ H1 Demand (OB) + 0.618 Fib confluence.
→ Watching for M15 CHoCH confirmation before entering long.
Target: 4148
→ Buy-Side Liquidity (BSL) resting above previous highs — likely magnet for the next push.
🪶 Trading Plan
I’ll wait patiently for a clean sweep + M15 confirmation around 4085–4090 to re-enter long.
As long as price respects 4080, my bias remains bullish, targeting the next BSL @ 4148.
No trade if price fails to confirm on lower timeframe — patience over impulse. 💛
💭 Karina’s Note
This setup perfectly reflects the essence of SMC — liquidity engineering before continuation.
It’s not about catching every move; it’s about aligning with the story the market is telling.
This is my personal view based on SMC principles – not financial advice.
✨ Like & Follow for daily London session updates ✨
Gold H1 – 5-Wave Complete Amid Fed Rate Hopes & Dollar Rebound🟡 XAUUSD – Elliott Wave Intraday Outlook | 12/11 | by Ryan_TitanTrader
📈 Elliott Wave Context
Gold appears to have completed a clear 5-wave impulsive advance on the H1 chart, with wave 5 reaching into the premium zone around 4,149–4,151. Concurrently, macro news is supporting bullion: weaker US labour data and rising expectations of a Federal Reserve rate cut have bolstered safe-haven flows.
Now price is retracing from the highs, suggesting that a classic corrective ABC sequence may be forming.
🔎 Technical Breakdown (Wave Structure)
• Wave 1: Initiation rally from ~3,965
• Wave 2: Shallow pull-back to near ~4,000
• Wave 3: Strong impulse past ~4,080 → extended
• Wave 4: Controlled correction holding trend-line support
• Wave 5: Final push topping near ~4,149–4,151 (SELL ZONE)
With the 5-wave impulse complete, the market is likely shifting into:
Wave A → bear leg
Wave B → corrective rebound
Wave C → deeper decline
📉 Expected Elliott Wave Path (ABC)
Wave A projection:
• Likely break below the 2-4 trend-line
• First reaction zone: ~4,081 (Fibonacci 0.382)
• Main downside target: ~4,059 (BUY ZONE)
Wave B projection:
• Corrective rebound toward either ~4,108 or ~4,149 (upper premium)
Wave C projection:
• Key downside targets:
o ~4,037 (Fibo 0.618)
o ~4,025–4,010 (trend-line support)
Wave C often equals Wave A in length → aligns with ~4,059 zone for potential cycle end.
Intraday Trade Plan (Elliott-based)
Scenario 1 – SELL the corrective wave (A–B–C)
Preferred strategy given completed impulse.
Entry: After H1 candle breaks below 2-4 trend-line, or on Wave B retest into ~4,149–4,151 (SELL ZONE)
Stop Loss: Above wave-5 high: ~4,155
Take Profit zones:
• TP1: ~4,081
• TP2: ~4,059
• TP3: ~4,037
Scenario 2 – BUY only if correction invalidates
If gold refuses to break the 2-4 trend-line and pushes above ~4,155 → wave 5 may extend.
Entry: Above ~4,155
SL: ~4,149
TP: ~4,175–4,200
📌 Summary
For 12/11, gold has completed a textbook 5-wave impulse and is now ripe for a corrective ABC pattern. With macro forces (Fed rate-cut expectations, weaker dollar) providing backdrop, the highest-probability trade is to sell the Wave B retest and ride Wave C toward deeper support near ~4,059. Stay patient, let the structure confirm the impulse → correction transition before committing.
Gold AI tool showing unmove will continue until 4080 not break Price Action: Gold is holding firm above $4,100, showing resilience amid global uncertainty.
- Trend: Long Build‑Up (Price↑ + OI↑), indicating accumulation by funds.
- Supports: $4,100 / $4,080 / $4,050.
- Resistances: $4,130 / $4,150 / $4,180.
- Bias: Bullish continuation if $4,100 holds; corrective pullback risk below $4,080.
XAU/USD – Gold Maintains Bullish Structure, Monitor FVG 4,060📊 Market Structure
After completing the structure break (ChoCH + BoS) at the 4,080 USD zone, gold has sustained a strong upward momentum and created Equal High 4,140 – 4,145 USD , corresponding with the short-term resistance Order Block .
Currently, the price is technically reacting in this area, indicating short-term profit-taking pressure from buyers after a prolonged rally.
The H1 structure remains bullish as the main support zones have not been broken.
A potential scenario is that the price will adjust to FVG zones or support to absorb liquidity before bouncing towards the Liquidity Zone 4,197 USD — the upper liquidity peak.
💎 Key Technical Zones
• OB & Resistance: 4,127 – 4,140 USD
• Support Zone: 4,104 – 4,107 USD
• FVG Zone #1: 4,060 – 4,067 USD
• FVG Zone #2: 4,031 – 4,037 USD
• Liquidity Target: 4,197 USD
🎯 Trading Plan
1️⃣ SELL Setup – Pullback Scalping
If the price reacts sharply downward at the OB zone 4,127 – 4,140 USD:
• Entry: 4,132 – 4,137
• SL: 4,150
• TP1: 4,104
• TP2: 4,067
→ Short-term trade, leveraging the pullback to the support zone to prepare for the next BUY setup.
2️⃣ BUY Setup – Continuation
When the price completes its adjustment to the FVG or Support Zone and a bullish signal appears (rejection / engulfing):
• Entry: 4,067 or 4,037
• SL: 4,020
• TP1: 4,140
• TP2: 4,197
• TP3: 4,210
→ Main setup in the current trend. Prioritize buying at the discount zone after sufficient liquidity is absorbed at the lower zone.
🧠 Vincent’s View
The H1 structure remains buyer-favored. Current adjustments are technical, not reversals.
The FVG zone around 4,060 USD is a key point to observe price behavior — if a clear reaction occurs, this could be the starting point for the next upward wave to 4,197 USD .
“Liquidity fuels the next move — let the market breathe before the impulse.” ⚜️
⏰ Timeframe: 1H
📅 Updated: 11/12/2025
✍️ Analysis by: Captain Vincent
Next hit will be breakoutPrice is rejecting multiple time and if price come again it will be breakout move
XAU/USD – Tug of War Before CPI: Sideway or Breakout? 1. MARKET CONTEXT
The US government reopens after a 40-day shutdown (a historic record).
Investors are on the sidelines observing ahead of tomorrow's CPI announcement → the market is likely to sideway awaiting news.
2. TECHNICAL ANALYSIS (H1–M30)
Main fluctuation range: 4097–4148
Break 4097 → adjust deeply to 407x – 403x
Break 4148 → trigger short-term increase, target 418x – 4205
Decision zone: 4097 & 4148
3. TRADING PLAN
🎯 Main strategy: Trade within the range (Sideway)
→ “Buy low – Sell high” according to support/resistance zones
RR ratio: 1:1 – 1:2 | SL: 10 points | TP: 10–20 points
BUY zone:
4097–4100 (strong support) → TP 4110–4120
Buy scalp: 4120–4124 → TP 4140–4145
Buy swing: 407x / 403x (if there is a candle reaction)
SELL zone:
4145–4147 → TP 4125–4100
If break 415x & retest, switch to Buy breakout
→ Entry 4140–4145 | TP 416x–418x–4205
4. SUMMARY
Main trend: Sideway awaiting CPI news
Strategy: “Break whichever range, trade that range”
Focus zones:
Upper range: 414x (Sell)
Lower range: 4095–4100 (Buy)
LiamTrading – XAUUSD H2 | USD strengthens again, gold ...LiamTrading – XAUUSD H2 | USD strengthens again, gold consolidates in an upward channel; await correction to 4090/4041 – break 4145 to confirm further rise
Quick context: USD recovery causes gold to move sideways during the Asian session. Price is moving within an upward channel, hitting the upper trendline and reacting around 4100, not forming a lower low yet. To confirm the continuation of the uptrend, a break of 4145 is needed; otherwise, prioritise the technical correction scenario towards liquidity zones.
Technical Analysis (Volume Profile • Trendline • S/R • Fibonacci)
Channel & Trendline: Channel top coincides with 4135–4145 → likely to see profit-taking pressure. Holding the lower edge of the channel ~4085–4090 keeps the upward structure valid.
Liquidity & FVG:
Liquidity 4090: price pull/volume attraction zone before choosing direction.
Fibonacci Retracement + old resistance ~4041–4043: strong confluence for a bounce if deep correction occurs.
Main resistance: 4130–4135 (retest of channel top), 4145 (pivot confirming rise), 4200 (sell scalp area if clear rejection appears).
Main support: 4084–4086 (channel edge/liq), 4041–4043 (Fib + S/R), deeper 4020 is a defensive point for buyers.
Trading Scenarios (optimised for mobile reading)
Scenario 1 – Buy shallow pullback (trend-following priority)
Entry: 4084–4086
SL: 4078
TP: 4098 → 4112 → 4135 → 4160
Suggestion: Wait for rejection candle at 4090 or M15 reversal signal before entry.
Scenario 2 – Buy deep (Fib + S/R)
Entry: 4041–4043
SL: 4036
TP: 4056 → 4072 → 4095 → 4120
Suggestion: Prioritise when price fills the gap and leaves a clear lower wick.
Scenario 3 – Sell scalp at resistance (counter-trend)
Entry: 4130–4132
SL: 4138
TP: 4112 → 4100 → 4088 → 4060
Note: Quick scalp only; abandon if H1/H2 closes strongly above 4145.
Bonus – Sell scalp 4200
Condition: Clear rejection on smaller timeframe.
SL: above the nearest recent high.
Reference TP: 4185 → 4166 → 4145.
Risk Management & Invalidation
Short-term bullish bias remains valid if price holds above 4085–4090.
H2 closes above 4145 → prioritise buying on breakout, limit all sell orders.
H2 closes below 4036 → risk of deeper test around 4020.
Risk per trade 0.5–1%, move SL to breakeven at +1R, do not average against the trend.
Which price zone do you find noteworthy today? Comment below & hit Follow on LiamTrading channel for the earliest updates.
XAU/USD – REJECTION AT 3997 SUPPLY ZONE | SHORT-TERM PULLBACK SE📅 Date: Nov 06, 2025
📊 Main timeframe: H2 confirmation + M30 execution
🎯 Strategy: SMC + Liquidity Grab + OB Rejection
🟡 MARKET CONTEXT:
Gold (XAU/USD) is retesting the 3995–3997 supply zone where a previous liquidity sweep and Break of Structure (BOS) took place.
The higher timeframe bias remains bullish, but intraday price action suggests a short-term pullback before continuation.
🔸 TECHNICAL OUTLOOK:
Strong rejection from OB/Supply Zone (3995–3997)
BOS and CHoCH confirm short-term weakness.
Key buy zones aligning with demand + FVG areas:
• 3968–3966 → first liquidity pocket
• 3957–3955 → main intraday demand
• 3936–3934 → deep liquidity / FVG zone
🎯 TRADING PLAN:
SELL Setup
• Entry: 3995 – 3997
• Stop Loss: 4001 (≤ 6$ risk)
• Take Profit: 3970 / 3968
• Reason: OB rejection + liquidity sweep confirmation
BUY Setup
• Entry: 3968 – 3966 (conservative) / 3957 – 3955 (aggressive)
• Stop Loss: 3949 (≤ 6$ risk)
• Take Profit: 3988 / 3995
• Reason: Demand zone reaction + FVG fill + bullish BOS
📊 BIAS:
Short-term bearish retracement within a bullish higher timeframe trend.
Expecting liquidity sweep below 3970 before potential continuation toward 3995–4000.
Gold Holding Above 4100$ Market Prepares for Next Wave ExpansionGold continues to sustain momentum above 4,100$, maintaining its bullish market structure as traders price in expectations of a Fed rate cut in December.
While the US Dollar shows brief recovery, the underlying flow still supports safe-haven demand — especially as global risk sentiment remains fragile and the US government moves closer to reopening.
📊 Technical Overview (H1 – MMFLOW Structure)
Price is currently consolidating within the 4,108$–4,113$ liquidity pocket, where prior breakout demand aligns with short-term Fibonacci retracement (0.382–0.5).
This zone continues to attract buy-side liquidity, suggesting accumulation rather than exhaustion.
As long as 4,085$ remains protected, the bias stays bullish toward 4,172$ – 4,203$ (Fibo 1.272–1.618). However, failure to break above 4,172$ may trigger a short-term reaction sell before the next impulsive leg resumes.
🎯 Trading Plan – MMFLOW Setup
🌸 BUY Scenario (Liquidity Retest)
Buy Zone: 4,086 – 4,084
Stop Loss: 4,080
Targets: 4,090 → 4,095 → 4,100 → 4,110 → 4,120 → 4,130 → 4,150+
🔥 SELL Scenario (Short-Term Reaction Zone)
Sell Zone: 4,172 – 4,174
Stop Loss: 4,180
Targets: 4,165 → 4,160 → 4,150 → 4,140 → 4,130 → 4,120
🧠 MMFLOW TRADING Insight:
“Price is language — liquidity is intent. The market is not random; it’s engineered to test conviction before expansion.”
Bias remains bullish above 4,085$ – any dip into the liquidity base could offer the last accumulation before the next breakout.
XAUUSD – PRIORITISE BUYING WHEN PRICE ADJUSTS💛 XAUUSD – PRIORITISE BUYING WHEN PRICE ADJUSTS 🎯
🌤Overview
Good morning traders 💬
Gold is experiencing a slight adjustment after encountering resistance at the VAH zone on the Volume Profile. This is a natural reaction in the current uptrend.
The price observation zone for today's adjustment is around the H4 trendline at 4078, deeper is the VAH zone 4020, where there is good liquidity for buyers.
Although there might be a short-term adjustment, the main trend remains upward. Therefore, I prioritise waiting to Buy at the support zone, rather than entering a trade against the trend.
💹 Technical Analysis (ICT Perspective)
📈 The price is maintaining a medium-term upward structure, with no reversal signals yet.
🟣 The 4075–4078 zone coincides with the trendline + liquidity zone – a potential buying area for short trades.
🔹 VAH around 4020 is strong support, suitable for long-term Buy if the price adjusts deeply.
💫 The 4200–4203 zone remains a major resistance (Sell Zone) – expect a downward reaction when the price approaches.
🎯 Reference Trading Plan
💖 Buy scalping (short-term)
Entry: 4075–4078 ｜ SL: 4070
TP: 4095 – 4105
💖 Buy zone (main priority)
Entry: 4018–4021 ｜ SL: 4011
TP: 4035 – 4042 – 4075 – 4095
💢 Sell zone (short reaction)
Entry: 4200–4203 ｜ SL: 4210
TP: 4186 – 4165 – 4140
💢 Sell scalping (short-term)
Entry: 4122–4124 ｜ SL: 4130
TP: 4105 – 4086 – 4060 – 4040
⚠️ Important Note
The 4048 zone is strong resistance – closely observe price reactions here.
Prioritise Buy according to the main trend, Sell should only be considered as a short-term reaction.
🌷Be patient and wait for the price to adjust to the support zone to buy according to Smart Money flow.
If you find this useful, please 💛 like – 💬 comment – 🔔 follow LanaM2 for daily gold insights ✨
Gold to make one final pushGold is falling today, but probably in wave iv of C. Gold is bouncing back in ABC or three waves inside an X wave or a counter-trend bounce. This should be the final push toward the 61.8% retracement mark near 4192. Some people want me to use hourly charts and mark the end hurriedly. Even on the hourly silver chart, I could only see wave iv yesterday. A daily time frame is a better confirmation. Wait for your turn.
XAUUSD / GOLD Analysis – Buy Opportunity Ahead!Gold has formed a strong double-bottom support zone at 4095 – 4090, signaling potential bullish momentum. As long as Gold remains above 4080, the bias stays bullish for short-term buyers.
🧭 Trading Plan:
Buy Zone: 4095 – 4090
Stop Loss: Below 4080 (close basis)
Targets: 🎯 4010, 4030, 4040
💡 Technical Reasoning:
Double-bottom pattern confirmation on 1H/4H timeframe
RSI bouncing from oversold area
Price rejecting key support zone multiple times
Potential bullish divergence forming
⚠️ Risk Management:
Always use proper risk-to-reward management and position sizing. Gold can move fast during high volatility sessions — keep your stops tight and targets realistic.
🔔 Conclusion:
If Gold holds above 4080, buyers could dominate the next leg. Watch price action closely near 4095 – 4090 for entry confirmation.
Gold at 25 year top line ! Macro view !Zooming out to the 2 week frame gold’s now touching the same top line that was drawn from the 1995-2005 base to the 2011 cycle high. This upper rail has acted like a generational ceiling and after nearly 15 years, price has stretched back into that very band again, this time near 4150–4350.
This zone isn’t just any resistance it’s the outer wall of gold’s entire super-cycle structure. Historically, whenever price came here with RSI above 80 on the 2-week frame, it marked exhaustion or at least a multi-month digestion phase before the next leg higher. And right now, RSI is sitting around 83 a clear signal of overheated momentum.
Macro context still favors gold in the long term global rate-cut expectations, slower real yields, and consistent central-bank accumulation keep the long-term green base trendline (drawn from 2005 lows) fully intact. As long as that line holds, the long-term structure stays bullish-biased.
But here’s the catch the higher we climb without a structural reset, the more fragile the rise becomes.
So 4365 stands as a major decision point.
Reject from here: we could see a healthy pullback toward 3750-3800 — still within the bullish channel.
Break and close above: that opens the door for a true macro breakout, with next expansion targets sitting around 4800–5200 over the coming years.
For now, this run feels more like a macro stretch ice sitting on sand. Looks shiny, but needs solid ground before it can hold.
Gold Trading Strategy for 12th November 2025🪙 GOLD Trading Setup (Intraday Strategy)
📈 Buy Setup (Bullish Scenario)
👉 Condition to Enter Buy:
Wait for the 1-hour candle to close above $4152.
This confirms bullish momentum (buyers are taking control).
🎯 Targets after Buy Entry:
Target 1: $4165
Target 2: $4176
Target 3: $4189
🛑 Stop Loss (SL):
You can place your SL just below the breakout candle’s low or around $4140 (for risk control).
💡 Explanation for Beginners:
When the 1-hour candle closes above $4152, it means price has broken an important resistance level. This often attracts more buyers, pushing the price higher toward the target levels.
📉 Sell Setup (Bearish Scenario)
👉 Condition to Enter Sell:
Wait for the 30-minute candle to close below $4096.
This confirms bearish pressure (sellers are taking control).
🎯 Targets after Sell Entry:
Target 1: $4083
Target 2: $4072
Target 3: $4056
🛑 Stop Loss (SL):
Place SL slightly above the breakout candle’s high or near $4110 for protection.
💡 Explanation :
When the 30-min candle closes below $4096, it means the market is showing weakness. This setup allows you to follow the selling momentum as price moves toward lower levels.
⚠️ Risk Management Tips
Never trade without a stop loss.
Risk only 1–2% of your capital per trade.
Avoid entering trades before candle closes — always wait for confirmation.
Stick to your plan; don’t chase trades emotionally.
🧾 Disclaimer
⚠️ This analysis is for educational purposes only and not financial advice. Trading in gold or any financial market involves risk. Always do your own research or consult a financial advisor before making trading decisions.
Gold likely to come downAs obvious from my previous chart.
the correction is major 4 th wave correction.
After 5 wave up move forming 3 rd wave major
gold had undergone correction to form A wave
and this pull back is B wave and C wave correction
has started.it should violate low of wave A and come down more.
please go through the chart and my previous posts to understand
clearly.
like this post if it helps you..follow me to get updates
Gold Analysis and Trading Strategy | November 11-12✅From the 4H chart, gold experienced a strong bullish rally after breaking above the 4077 pivot level and reached a recent high of 4148.99.
However, after consecutive bullish candles, the price faced resistance near the upper Bollinger Band (4154.85) and has since pulled back slightly.
Currently, the price is hovering near 4110–4115, just above the MA10 (4104.83) and MA20 (4051.26) — this area serves as a short-term support zone.
The Bollinger Bands remain in an expanding state, indicating that overall volatility is still active.
If the price stabilizes above 4105–4110, the bullish structure remains intact; a break below this zone could trigger further pullback toward 4077–4050.
✅On the 1H timeframe, gold shows a short-term correction after peaking at 4148.
MA5 and MA10 have formed a bearish crossover, and the price is currently below them, signaling short-term bearish pressure.
Bollinger Bands are starting to narrow, reflecting decreasing volatility and a possible sideways consolidation phase.
The MACD has formed a dead cross, and the momentum indicator shows continued downside pressure, but near-term support appears around 4107–4090.
🔴 Resistance levels: 4148 / 4155 / 4175
🟢 Support levels: 4105 / 4077 / 4050
✅ Trading Strategy Reference
🔰 If gold rebounds to 4145–4148 and faces resistance, consider light short positions, targeting 4105–4077, with a stop loss above 4155.
🔰 If gold drops to 4100–4110 and stabilizes, consider short-term long positions, targeting 4130–4150, with a stop loss below 4065.
📈The overall structure remains bullish on higher timeframes, but short-term correction pressure is visible.
In the near term, focus on the 4100–4145 trading range — sell high, buy low within the band, and wait for a clear breakout to determine the next major direction.
