💎 PRIME GOLDEN PRIVATE SIGNAL – DAILY STRATEGY (H4)💎
➤ Market Overview
• Gold is currently in a strong bearish trend on H4, moving inside a clear descending channel.
• The black path represents the primary trend (continuation down).
• If price fails to follow this, the red dashed scenario (deep pullback before continuation) is likely.
➤ Current Behavior
• Price has formed a strong impulsive drop and is now:
→ Showing temporary reaction / pullback
→ Still maintaining bearish structure (lower highs – lower lows)
➤ Key Scenario (Primary – Bearish Continuation)
• Expect:
→ Pullback → rejection from sell zone → continuation lower
• Targets:
4,500 (buy zone)
4,470
4,380 – 4,350 (major demand zone)
➤ Alternative Scenario (Deep Pullback)
• If price pushes higher:
→ Key reaction zones:
4,620 (sell zone)
4,700 – 4,720 (liquidity zone)
4,850 – 4,880 (H4 supply)
→ Then look for strong bearish rejection
➤ Key Levels
Resistance: 4,620 / 4,700 – 4,720 / 4,850 – 4,880
Support: 4,500 / 4,470 / 4,380
⚠️ Market Bias
Bearish → Focus on SELL setups after pullbacks
Quick Notes:
Supply Zone: Area with strong selling pressure
Demand Zone: Area with strong buying interest
Liquidity: Stop-loss clusters often targeted by price
Pullback: Temporary retracement
Trend Continuation: Market continues in main direction
Fake Trend: Temporary move against main trend
https://t.me/Lucy_Tradding