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- #32,662
- Feb 2, 2026 2:56am Feb 2, 2026 2:56am
- Joined Sep 2008 | Status: Trader | 2,275 Posts
Next Drop possible now. Fight is on. I think 4650 will not break to the upside. What is your opinion? 
As I write: on the line now 1 Minute later, 4630. Hitting Trendline up, rejection to the upside but very small.
Next Event: -currently sweep to the downside, small bias long now.
Bulls try but be careful this time, could be a double sweep. (down, up and finally down). Bulls try to reach 4650 again now.
As I write: on the line now 1 Minute later, 4630. Hitting Trendline up, rejection to the upside but very small.
Next Event: -currently sweep to the downside, small bias long now.
Bulls try but be careful this time, could be a double sweep. (down, up and finally down). Bulls try to reach 4650 again now.
- #32,664
- Feb 2, 2026 2:59am Feb 2, 2026 2:59am
- Joined Jun 2025 | Status: Trader | 1,835 Posts | Online Now
Gold H1 Detailed Analysis Gold has moved from an uptrend into a short term bearish trend. After 5600 price broke the rising support and is now moving inside a descending channel. Gold is trading below 5100 showing sellers are in control. If gold stays below the trendline and 5200 the next downside levels are 4700 and 4500 with strong support around 4300 and 4400. Recent news about potential hawkish Fed leadership has triggered gold pullbacks showing that yield expectations and USD strength can quickly weaken gold appeal. Trade Plan - Sell Setup...
As i already told in my friday post that it might fill the gap and as expected gap is also filled. Now gold needs to hold 4700 area otherwise looking for an other dip. Wait for the proper entry.
Patience
- #32,665
- Feb 2, 2026 3:01am Feb 2, 2026 3:01am
- Joined Sep 2008 | Status: Trader | 2,275 Posts
Tension is building up... 4650 not even reached... looks bad for bulls now.
Ok, upside channel broke. I think it will go down or sideways now. no longs now. 
Ok, upside channel broke. I think it will go down or sideways now. no longs now.
- #32,667
- Feb 2, 2026 3:04am Feb 2, 2026 3:04am
- Joined Aug 2025 | Status: Trader | 1,052 Posts
When will we return to 5000? 
- #32,673
- Feb 2, 2026 3:14am Feb 2, 2026 3:14am
- Joined Sep 2008 | Status: Trader | 2,275 Posts
Sweep to the upside done. Now it's time for decision for next hours probably. Bulls have to keep now 4640. Very important.
Someone's buying aggressively now to keep 4340, ATR 1 Minute dropped. Expect fast sell if not able to keep 4640
Someone's buying aggressively now to keep 4340, ATR 1 Minute dropped. Expect fast sell if not able to keep 4640
- #32,674
- Feb 2, 2026 3:19am Feb 2, 2026 3:19am
- Joined Jun 2025 | Status: Trader | 1,835 Posts | Online Now
Patience
- #32,675
- Feb 2, 2026 3:27am Feb 2, 2026 3:27am
- Joined Sep 2008 | Status: Trader | 2,275 Posts
Ok, it is messed up now. If sweep of 4658 is taken out, bulls are probably saved for now, at least no new downfall. Looks like sideways now. Both big channels are broken. There is one more above 4660, be careful with long. There is at least some sort of support buying at 4640 and if it break a fast buy aggressivenes.
It is currently hit, sweep of 4658 is taken out. That'S a good sign for sideways.
It is currently hit, sweep of 4658 is taken out. That'S a good sign for sideways.
- #32,676
- Feb 2, 2026 3:27am Feb 2, 2026 3:27am
- Joined Jun 2025 | Status: Trader | 1,835 Posts | Online Now
Gold Possible Scenario
Lower highs and lower lows confirm selling pressure. Current support is near 4640 if it breaks next targets are around 4400-4300. Only a strong move above 4800 would change the bias. Overall trend remains sell focused. 
Lower highs and lower lows confirm selling pressure. Current support is near 4640 if it breaks next targets are around 4400-4300. Only a strong move above 4800 would change the bias. Overall trend remains sell focused.
Patience
