📊 GOLD ANALYSIS H4 + H1 – 6:30 AM ON 27/03
Overall view H4: the trend is still clearly downward, recently there was a strong dump to 4,098 then a bounce back to 4,35x. This bounce looks like a pullback after a downtrend, no clear signs of reversal yet. ! And the details have previous updates... ! Please review the previous images.
H1 is clearer:
The price is technically bouncing from the bottom
Has not broken the 4,47x area
Still below the downward structure
👉 Simply put: it is bouncing to set up for further selling, not to return to an uptrend.
⚠️ Important area
Resistance: 4,47x – 4,52x (a good area to set up for selling)
Support: 4,35x → breaking this is likely to fall further
📉 Main scenario (priority)
Set up SELL according to the trend:
Sell around: 4,45x – 4,52x
SL: above 4,60x
TP: 4,10x → 3,89x
If the timing is right, the lower part is still quite open.
📈 Alternative scenario
If the price strongly breaks above 4,52x:
→ the possibility of a deeper bounce up to 4,7xx
→ then we will reassess the structure
📌 Quick summary
Trend: still down
Currently: technical bounce
Strategy: wait for a bounce up → SELL
💬 This section is easy to be tempted to buy.
Just remember: if the trend is going down, a bounce is for selling, not to FOMO up. Moreover, the market is experiencing UNUSUAL fluctuations, so please manage risk very well! Click FOLLOW and LIKE to motivate the author to update information every day! Thank you ...
#elliottwaves #Vàng $XAU