This analysis is quite solid:

#黄金与# Silver Market Update

As mentioned, gold is displaying a falling wedge pattern on the 1-hour chart, with key support in the $4820–$4850 range.

👉 From that support level, gold achieved a strong 1.5% rally (approximately 6,500 points), but failed to reclaim the $5000 range.

👉 After invalidating the $4780 level, two consecutive 2-hour candles closing confirmed the breakdown.

👉 From the second support level we mentioned at $4500 range, gold achieved an explosive 5% unleveraged rally, advancing toward the $4750 range—a swing of roughly 25,000+ points 🔥

Current Price Action (Gold)

👉 Gold is now retesting the previous wick zone.

👉 A strong bounce from the $4250 level could push gold back to the $4700 range.

👉 However, if the $4200 level is lost and closes below it, the market will turn bearish:

First downside target: $3850 range
If that fails → Next major level: $3200

💡 The $3200 range will be the best accumulation zone for short-term trading, potentially offering 50%–100% swings.

Silver Outlook

Similarly, silver is showing a similar structure.

👉 Silver is retesting the previous wick zone.

👉 A strong bounce from the $64 level could push price toward the $80 range.

👉 However, if the $62 level is lost and closes below it, it will turn bearish:

First downside target: $49 range
If that fails → Next major level: $35

💡 The $35 range will be the best accumulation zone for short to medium-term trading, potentially offering 100%–150% swings.