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Indices and commodities #GOLD Short Active

GOLD MAPPING for EIGHTCAP:XAUUSD by HeqalAide

Author: HeqalAide | TradingView Idea Published: 2026-05-11
TradingView
GOLD
Indices and commodities
Active
Current price
4689.87
USD
PNL
-0.19%
4689.87 USD
Stop Loss
5.55%
4940.53 USD
Take Profit
5.55%
4420.97 USD
Rationale
TradingView idea: GOLD MAPPING for EIGHTCAP:XAUUSD by HeqalAide TradingView symbol: XAUUSD Gold Market Technical Outlook Based on Fibonacci Projection Current market structure indicates several major Fibonacci reaction zones that may serve as key reversal and continuation areas for traders. The following levels are projected as high-probability technical zones for medium to long-term price movement. Primary Bearish Zone Market sentiment remains bearish below the 4760 resistance region. A confirmed rejection from this level may trigger a downside continuation toward the 4421 …
Key details
Ticker
GOLD
Asset class
Indices and commodities
Direction
Short
Status
Active
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