🔥 Update on the Gold view in H4 frame…currently, the data for Gold is above the "Overbought" threshold across multiple frames.
The medium-term trend in the next 2-3 weeks, based on my view, is that Gold will undergo a correction.
- Filling the gap at 4515 will be difficult, but returning to 4630 seems to be a hopeful expectation. This is also the accumulation zone where Gold was active before the recent Pump phase. It needs to be adjusted back.
- Applying both Trendline and Fibo, Gold needs to return to the levels of 4530-4630$.
- In the short term, Gold will return to test near the peak level of 4820-4860$ and begin to adjust. You can set up a Swing order here. Stop loss for long orders at 4950. If it surpasses this, then exit.
- For the long term, we will calculate later…everyone can refer to the view to see if there are additional perspectives.


