Gold, Technical Analysis – H1
Gold continues its orderly upward move within a series of bullish flags on the H1 timeframe. Buyers must defend the 4,325–4,350 support zone today to keep the structure intact; a break risks deepening the corrective decline below 4,300.
Gold is currently advancing in a measured fashion as it works through a sequence of bullish flags. For this constructive structure to remain valid, buyers need to defend the support zone at $4,325–4,350 today — the upper boundary of the most recent flag. A decisive break of this area would undermine the local bullish trend and open the way for an extension of the downward correction, with prices potentially sliding below the psychological $4,300 level.
Key Levels:
□ 1. Support: $4,325–4,350
□ 2. Psychological support: $4,300
□ 3. Upside target: $4,450
Primary Scenario:
Pullback into the $4,325–4,350 zone, followed by a resumption of the advance toward $4,450.
Alternative Scenario:
Break and sustained trade below $4,300.
Analyst Commentary:
Confirmation signals are required before committing to further upside, as the asset has encountered a dense cluster of resistance on higher timeframes.
Nikolai Krishtopov là Chuyên viên Phân tích Thị trường tại Investizo với hơn 15 năm kinh nghiệm trong ngành thị trường tài chính và hơn một thập kỷ kinh nghiệm giao dịch. Các lĩnh vực ông tập trung bao gồm thị trường forex và tiền mã hóa, phân tích kỹ thuật, giao dịch trong ngày và hành vi thị trường.