Indices and commodities
#GOLD
Long
Active
Gold — 4H Structure | Range Compression for TVC:GOLD by SadekHamzah
TradingView
GOLD
Indices and commodities
Active
Current price
4627.14
USD
PNL
+0.22%
4627.14 USD
Stop Loss
16.96%
3833.92 USD
Take Profit
16.96%
5399.99 USD
Rationale
TradingView idea: Gold — 4H Structure | Range Compression for TVC:GOLD by SadekHamzah
TradingView symbol: GOLD
Structural Overview
Price is forming a potential lower high beneath the 4,900 supply zone, while holding above key support around 4,380.
This places the market in a compression phase — often preceding expansion.
Key Scenarios
🔴 Rejection Scenario
Failure to reclaim 4,900 leads to continuation lower:
→ 4,380
→ 4,100 demand
🟢 Break Scenario
A confirmed 4H close above 4,900:
→ Opens upside toward 5,400
Perspective
While higher timeframe trend remains bullish, current structure suggests …
Key details
- Ticker
- GOLD
- Asset class
- Indices and commodities
- Direction
- Long
- Status
- Active
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