Indices and commodities
#GOLD
Short
Closed
Gold Price Prediction: Bearish Continuation Towards 4665 for OANDA:XAUUSD by SibiSh
TradingView
GOLD
Indices and commodities
Closed
Current price
4587.56
USD
PNL
+0.57%
4684.59 USD
Stop Loss
0.98%
4757.45 USD
Take Profit
0.98%
4665.11 USD
Rationale
TradingView idea: Gold Price Prediction: Bearish Continuation Towards 4665 for OANDA:XAUUSD by SibiSh
TradingView symbol: XAUUSD
Gold is currently trading inside a clear descending channel after a strong bearish move and the recent bounce looks corrective rather than a trend reversal. Price is struggling around the 4755-4765 resistance zone and a descending trendline showing rejection and weak bullish momentum. Structure remains bearish with lower highs forming and unless price breaks and sustains above 4770-4780 downside pressure is likely to continue. The projected path suggests a possible short-term push up into …
Key details
- Ticker
- GOLD
- Asset class
- Indices and commodities
- Direction
- Short
- Status
- Closed
- Closed
- 2026-04-23
The information published on this website and in the Invest Ideas bot is provided for informational purposes only and does not constitute individual investment advice, an offer, or a solicitation to buy or sell any financial instrument. Users make all financial and investment decisions at their own discretion and under their own responsibility. The administration and owners of the website and bot are not responsible for user-generated materials or for any losses arising from the use of the published information.