01/06/2026
# GOLD, here is the full analysis for this pair on 1H frame Published
✔️XAUUSD Technical Analysis
Gold is showing a potential Head & Shoulders structure after failing to hold momentum above the recent high near 4,595. Price is now trading around 4,509 and approaching the key sell zone at 4,519–4,525, which aligns with the right shoulder area.
As long as XAUUSD remains below this resistance zone, the short-term bias leans bearish. The nearest support is around 4,490–4,485, where the previous order block is located. If this area breaks, price may continue lower toward 4,460, then deeper into the 4,380 demand zone.
✅Main plan:
🟢Sell on rejection around 4,519–4,525.
🟢Target 1: 4,485
🟢Target 2: 4,460
🟢Target 3: 4,380
Invalidation:
A strong breakout above 4,525 would weaken the bearish Head & Shoulders setup.
Overall, the priority is to wait for confirmation at the sell zone instead of entering too early.
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