The Best Buying Areas for Gold on the 4-Hour Timeframe

Gold has embarked on a strong uptrend as a result of consolidation.

This follows a breakout of resistance levels at 3439 and 3499.

We are still expected to see a rise in gold in the long term.

However, in the short term, we may see some expected corrections.

The best buying areas so far are the 3496 area.

These are important and strong demand areas for gold,

 from which a rise is expected.

However, if they are broken and closed below, the corrective decline may continue.

Until the next demand areas at 3422, from which we are expected to see a return to gold.

Another scenario is if the recent resistance is broken,

at 3578, gold may continue to rise in the short term.

In general, it is preferable to focus on buying 

with any correction at the present time.