#الذهب General Overview and Explanation: The current formation has shown negativity in the movement of gold, forming decreasing highs and lows (HL and LL), in addition to breaking the 50-day moving average on the daily chart.

The range of movement and volatility is large, which makes trading opportunities for both buying and selling speculative trades available depending on the movement.

▫️Positive stability and an upward trend are maintained by holding support at 4392 on the daily chart and maintaining the last low at 4089 overall(, which is currently stable). A break above the last downward peak at 5045 and around it, which is the breakout zone(, has not yet occurred). All these are signals of movement stabilization towards positivity and a change from the recent negative formation.

▪️‎#الذهب 4H and the expected outlook before the opening

▫️Strong resistance zones at 4878 - 4853.. Gold is expected to rise to test and reach these levels if( it maintains above 4650 without breaking), passing through the resistance at 4780.

▫️Any closes above 4878 will target 4944 then 4974, which are levels where we might see a decline in gold as long-term selling opportunities. This forecast will be invalidated if it closes above 5045, which would indicate{a change in formation} according to the details and explanation above.

▫️Breaking below 4650 is expected to lead to testing 4587 then 4550, which are possible levels.

▫️Levels at 4550 may support the price as a support for movement to retest 4650, and all are zones of fluctuation.

▫️Breaking below 4550 targets 4483, and breaking this zone confirms weakness in the movement, possibly leading to declines down to 4392, followed by 4346 as a possible level.

This is based on the latest movement of gold. We will monitor the opening trades and update you, God willing. Safe trading and good luck to everyone.
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