Attachments: Gold with No Drama

Gold with No Drama

#45,161
Apr 12, 2026 9:29pm Apr 12, 2026 9:29pm

Sandy1994
Joined Mar 2024 | Status: Trader | 467 Posts

XAUUSD Daily remains in a broader bearish structure after rejecting the 5280 area and selling off sharply into major support around 4376 to 4219. Price has bounced from that support cluster, but the rebound is still trading below the key daily pivot at 4766.65, which keeps the move looking corrective rather than a confirmed trend reversal. As long as gold remains below 4766.65, the higher timeframe bias stays bearish, with downside risks back toward 4495, 4376, and 4219 if the bounce fails. A sustained daily reclaim above 4766.65 would be needed to shift the structure more convincingly bullish and open room toward higher resistance.

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#45,162
Apr 12, 2026 9:43pm Apr 12, 2026 9:43pm

giveachance
Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts

looks like i missed 4648 buy. would have been a good buy with 4632 as sl. 4732 and below is a sell still

#45,163
Apr 12, 2026 10:04pm Apr 12, 2026 10:04pm

Obdyx
| Joined Jan 2022 | Status: Trader | 495 Posts

The Weekly Pivot at 4736 is looking like a bridge too far for the bulls.

Bearish spinner on H1. After 6 attempts, the bulls have been unable to down EMA 50 on M15.

The stakes are now looking gloomy for the bulls

#45,164
Apr 12, 2026 10:07pm Apr 12, 2026 10:07pm

aleena1
Joined Jun 2025 | Status: 99% | 199 Posts

Quoting giveachance

Disliked

looks like i missed 4648 buy. would have been a good buy with 4632 as sl. 4732 and below is a sell still

Ignored

same here

Quoting aleena1

Disliked

4697 -- 4606 is a major demand zone price likely draws into 4703 -- 4698 lows before any bullish expansion that said a strong breach below 4604 to 4605 nullifies the demand and opens downside continuation {image}

Ignored

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#45,165
Apr 12, 2026 10:09pm Apr 12, 2026 10:09pm

Obdyx
| Joined Jan 2022 | Status: Trader | 495 Posts

If the bulls lose their stronghold at 4713, it's au Revoir

#45,166
Apr 12, 2026 10:11pm Apr 12, 2026 10:11pm

has22v
Joined Aug 2025 | Status: Trader | 1,049 Posts | Online Now

im gona leave buying gold for today this gap is crazy

#45,167
Apr 12, 2026 10:12pm Apr 12, 2026 10:12pm

Goldslave
Joined Jun 2025 | Status: One Line 4 Sessions | 1,100 Posts

Still waiting 474x for real sell.....otherwise just scalp sell...without full to fill the gap....

Can be scalp buy from 4695 too

Stay Gold

#45,168
Apr 12, 2026 10:22pm Apr 12, 2026 10:22pm

Obdyx
| Joined Jan 2022 | Status: Trader | 495 Posts

The best attainment of the bulls today has been the Monthly Pivot at 4728. After being rebuffed to 4711 by the by the bears they came up to the Daily SI at 4722.

For me, I have a Limit Order (Sell Stop) at 4710. SL 4730

#45,169
Apr 12, 2026 10:27pm Apr 12, 2026 10:27pm

Huzaifa88
Joined Feb 2025 | Status: Trader | 1,204 Posts

Quoting Huzaifa88

Disliked

{quote} ok so rn its confirmed we have bearish displacement probably recent demand as per my analyisis is 4664 to 4609 break below this gold will bleed badly if this is respected properly with momentum i expect then rally minimum 4900 followed by 5000 its long term forecast so we need to do scalp and trade daily rather than holding you can see yourself how dynamically fundamentals are changing

Ignored

as stated the demand rn is intact
1:1 with wide sl
i myself didnt take the trade was expecting the move to take place later
no worries more moves on their way

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#45,170
Apr 12, 2026 10:28pm Apr 12, 2026 10:28pm

Obdyx
| Joined Jan 2022 | Status: Trader | 495 Posts

Quoting has22v

Disliked

Guys, when drawing a trend line, do you rely on the candle's wick or the candle's body?

Ignored

Can use both. Can also choose one depending on your experience and the interplay of other candle sticks around the trend line that one is constructing

#45,171
Apr 12, 2026 10:33pm Apr 12, 2026 10:33pm

Obdyx
| Joined Jan 2022 | Status: Trader | 495 Posts

Are we seeing the last battle of the Asian Session, on the northern side because PA is currently at the 4722 Key Area?

#45,172
Apr 12, 2026 10:50pm Apr 12, 2026 10:50pm

Obdyx
| Joined Jan 2022 | Status: Trader | 495 Posts

This is the 8th time that the bulls have attempted to overcome EMA 50 on M15 at 4723 presently and yet it is another failure. So, it appears as if Asia will not be able to cover the gap that is at 4741. Who knows, London may be able to do it.

Bu before then, give us some ride, you bears!

#45,173
Apr 12, 2026 10:58pm Apr 12, 2026 10:58pm

Huzaifa88
Joined Feb 2025 | Status: Trader | 1,204 Posts

4734 to 4724
is recent srong resistance
as previously when 4700 acted as support then after its breakout it acted as true breakout support now its acting as supply
only potential breakout above it will confirm strength of buyers till then we have range to bearish momentum

#45,174
Apr 12, 2026 11:09pm Apr 12, 2026 11:09pm

Obdyx
| Joined Jan 2022 | Status: Trader | 495 Posts

On the flip side, the M15 Average, which has now shifted from 4713 to 4715, has also been a tough nut for the bears to crack.

Presently, this is their 4th attempt of the day. If they succeed, they are home

#45,175
Apr 12, 2026 11:20pm Apr 12, 2026 11:20pm