Gold Trend Analysis and Trading Signals

Based on the 4-hour chart, the short-term downward momentum in gold may pause, leading to a rebound as the market battles around the $4,000 level. To sustain this, the price needs to hold the support zone near $4,023–$4,045, while the trend line area of ​​$4,097–$4,126 remains a zone of strong resistance.

From a daily chart perspective, the overall market shows a lack of upward momentum, confirming a generally bearish bias for gold. In particular, the fact that the price has once again dipped below $4,000 suggests the potential for further downside extension: in the short term, support may be found near $3,950; in the medium term, a pullback to the $3,900–$3,880 range is possible; and for the long term, one should prepare for a potential decline toward $3,500.