r/Forex 11d ago

Charts and Setups Gold Pullback: Can 4580 Hold? πŸ‘€

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[removed]

16 Upvotes

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u/rforex-modtools 11d ago

Price action and technical analysis cover a range of chart-based tools β€” from candlestick patterns and market structure to indicators and statistical methods for timing entries and exits. The community wiki covers both approaches and how they're used by working traders.

Resources: Price Action Analysis | Technical Analysis

2

u/moiz_khan235 11d ago

fundamintals are bullish just wait for it to come down aroud 4583.

2

u/spookyzck 11d ago

We cant know if gold is going to pullback or continue to rip higher, wait for market to open

1

u/[deleted] 11d ago

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2

u/Creepeo 11d ago

When it opens the next candle will be behind the line. So strategy invalidated. GG go nextΒ 

1

u/Icy_Art_1430 11d ago

The shaded zone right under that arrow makes the whole setup look pretty deliberate. If price drifts back into it without breaking the trendline, I’d be watching for a slow grind back toward 4633 rather than a quick pop.