Chart Structure (15m)
Trendlines:
Price is moving within an upward-sloping channel (yellow lines).
Lower support trendline is intact → showing higher lows.
Upper resistance trendline is being tested but not yet broken.
Key Levels (Blue Lines):
Support: $3,871, $3,851, $3,820
Resistance: $3,895 (immediate), $3,910 (next psychological level)
RSI (9):
Currently ~59 (neutral-bullish bias).
No extreme overbought/oversold → still room to move up.
Last bounce came from RSI near oversold (~25 zone), giving strength to buyers.
Market Sentiment
Buyers defended $3,850 - $3,860 zone strongly (big rejection wick).
Momentum is building upward, but sellers are active near $3,895 - $3,900.
RSI shows consolidation, suggesting a possible breakout move ahead.
Probable Scenarios for Next Week
Bullish Case (Most Probable)
If gold holds above $3,871, buyers likely push towards $3,895 → $3,910.
Breaking above $3,910 with strong volume could open the way to $3,940 - $3,950.
RSI has room to run before overbought.
Bearish Case (Alternative)
A rejection at $3,895 - $3,910 could send price back to $3,871 → $3,851.
Breaking $3,851 would expose $3,820 (major support zone).
Most Probable Move
Gold is more likely to continue its upward bias next week:
Expect choppy consolidation early in the week (between $3,871 - $3,895).
If bulls stay in control, the break above $3,895 → $3,910 is the path of least resistance.
Watch $3,851 as the line in the sand for bulls. If it breaks, expect deeper correction.
✅ Summary:
Next week, gold most likely attempts $3,895 - $3,910 breakout, targeting $3,940+, unless price slips below $3,851 support which would shift momentum bearish.
Trendlines:
Price is moving within an upward-sloping channel (yellow lines).
Lower support trendline is intact → showing higher lows.
Upper resistance trendline is being tested but not yet broken.
Key Levels (Blue Lines):
Support: $3,871, $3,851, $3,820
Resistance: $3,895 (immediate), $3,910 (next psychological level)
RSI (9):
Currently ~59 (neutral-bullish bias).
No extreme overbought/oversold → still room to move up.
Last bounce came from RSI near oversold (~25 zone), giving strength to buyers.
Market Sentiment
Buyers defended $3,850 - $3,860 zone strongly (big rejection wick).
Momentum is building upward, but sellers are active near $3,895 - $3,900.
RSI shows consolidation, suggesting a possible breakout move ahead.
Probable Scenarios for Next Week
Bullish Case (Most Probable)
If gold holds above $3,871, buyers likely push towards $3,895 → $3,910.
Breaking above $3,910 with strong volume could open the way to $3,940 - $3,950.
RSI has room to run before overbought.
Bearish Case (Alternative)
A rejection at $3,895 - $3,910 could send price back to $3,871 → $3,851.
Breaking $3,851 would expose $3,820 (major support zone).
Most Probable Move
Gold is more likely to continue its upward bias next week:
Expect choppy consolidation early in the week (between $3,871 - $3,895).
If bulls stay in control, the break above $3,895 → $3,910 is the path of least resistance.
Watch $3,851 as the line in the sand for bulls. If it breaks, expect deeper correction.
✅ Summary:
Next week, gold most likely attempts $3,895 - $3,910 breakout, targeting $3,940+, unless price slips below $3,851 support which would shift momentum bearish.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.