{"id":7338,"date":"2024-12-18T11:37:32","date_gmt":"2024-12-18T11:37:32","guid":{"rendered":"https:\/\/alchemymarkets.com\/?post_type=market_insights&#038;p=7338"},"modified":"2025-05-12T12:46:33","modified_gmt":"2025-05-12T12:46:33","slug":"gold-4h-dec-2024","status":"publish","type":"market_insights","link":"https:\/\/alchemymarkets.com\/it\/education\/market-insights\/chart-of-the-day\/gold-4h-dec-2024\/","title":{"rendered":"Gold 4H Hidden Bullish Divergence: Upside and Downside Targets"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1600\" height=\"859\" src=\"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2024\/12\/COTD-24.12.18-TA.jpg\" alt=\"\" class=\"wp-image-7341\" srcset=\"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2024\/12\/COTD-24.12.18-TA.jpg 1600w, https:\/\/alchemymarkets.com\/wp-content\/uploads\/2024\/12\/COTD-24.12.18-TA-300x161.jpg 300w, https:\/\/alchemymarkets.com\/wp-content\/uploads\/2024\/12\/COTD-24.12.18-TA-1024x550.jpg 1024w, https:\/\/alchemymarkets.com\/wp-content\/uploads\/2024\/12\/COTD-24.12.18-TA-768x412.jpg 768w, https:\/\/alchemymarkets.com\/wp-content\/uploads\/2024\/12\/COTD-24.12.18-TA-1536x825.jpg 1536w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/figure>\n\n\n\n<p>Gold\u2019s 4H chart is currently developing a hidden bullish divergence, which could help the gold price surge towards its <strong>Pivot High <\/strong>at $2,721.410, or at least tap the <strong>upper trendline of a descending channel<\/strong>.<\/p>\n\n\n\n<p>A hidden bullish divergence often signals a potential continuation of a bullish rally. When downside momentum increases but the price fails to form a lower low, it suggests aggressive selling, which can create ripe conditions for a<strong><em> short squeeze<\/em><\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Gold Upside Targets<\/h2>\n\n\n\n<p>If Gold (XAUUSD) is able to rise from this point, traders should eye these levels:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Upper Trendline of Descending Channel<\/strong><\/li>\n\n\n\n<li><strong>Pivot High <\/strong>at $2,721.410<\/li>\n<\/ul>\n\n\n\n<p>Then, if Gold is able to break its pivot high convincingly with high volume, the next key resistances are::<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Oct High <\/strong>at $2,789.590<\/li>\n\n\n\n<li><strong>Key Psychological Milestone <\/strong>at $3,000<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Gold Downside Targets<\/h2>\n\n\n\n<p>If Gold instead plummets from this point, we need to look at the following key supports:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Pivot Low<\/strong> at $2,605.085<\/li>\n\n\n\n<li><strong>Oct Low<\/strong> at $2,601.810<\/li>\n<\/ul>\n\n\n\n<p>These levels are extremely close to each other, but do not align with the broader descending channel\u2019s lower trendline support. If Gold falls even lower, the next support levels are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Nov Low<\/strong> at $2,536.664<\/li>\n\n\n\n<li><strong>Consolidation Zone from September<\/strong> at $2,473.675 \u2014 $2,524.258<\/li>\n\n\n\n<li><strong>Lower Trendline of Descending Channel<\/strong><\/li>\n<\/ul>\n\n\n\n<p>These support levels are crucial for Gold to stay on track toward the $3,000 milestone. A dip to these levels might also trigger a regular bullish divergence, potentially driving a reversal of its short-term downtrend.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<p><strong><em>You may also be interested in:<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-alchemy-markets wp-block-embed-alchemy-markets\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"1naOfwccDU\"><a href=\"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/triangle-pattern-complete-crude-oil\/\">Triangle Pattern Complete for Crude Oil? (Elliott Wave)<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Triangle Pattern Complete for Crude Oil? (Elliott Wave)&#8221; &#8212; Alchemy Markets\" src=\"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/triangle-pattern-complete-crude-oil\/embed\/#?secret=iNEmMlNqVi#?secret=1naOfwccDU\" data-secret=\"1naOfwccDU\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Gold\u2019s 4H chart shows a hidden bullish divergence, signalling a potential rally to $2,721.410 or beyond. Explore key upside and downside targets here!<\/p>\n","protected":false},"author":159,"featured_media":7339,"parent":0,"comment_status":"closed","ping_status":"closed","template":"","market_insights_categories":[18],"class_list":["post-7338","market_insights","type-market_insights","status-publish","has-post-thumbnail","hentry","market_insights_categories-chart-of-the-day"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gold 4H Hidden Bullish Divergence: Upside and Downside Targets - Alchemy Markets<\/title>\n<meta name=\"description\" content=\"Gold\u2019s 4H chart shows a hidden bullish divergence, signaling a potential rally to $2,721.410 or beyond. Explore key targets here!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/alchemymarkets.com\/it\/education\/market-insights\/chart-of-the-day\/gold-4h-dec-2024\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold 4H Hidden Bullish Divergence: Upside and Downside Targets - Alchemy Markets\" \/>\n<meta property=\"og:description\" content=\"Gold\u2019s 4H chart shows a hidden bullish divergence, signaling a potential rally to $2,721.410 or beyond. Explore key targets here!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/alchemymarkets.com\/education\/market-insights\/chart-of-the-day\/gold-4h-dec-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"Alchemy Markets\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-12T12:46:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2024\/12\/COTD-24.12.18.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Tempo di lettura stimato\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minuti\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gold 4H Hidden Bullish Divergence: Upside and Downside Targets - Alchemy Markets","description":"Gold\u2019s 4H chart shows a hidden bullish divergence, signaling a potential rally to $2,721.410 or beyond. Explore key targets here!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/alchemymarkets.com\/it\/education\/market-insights\/chart-of-the-day\/gold-4h-dec-2024\/","og_locale":"it_IT","og_type":"article","og_title":"Gold 4H Hidden Bullish Divergence: Upside and Downside Targets - Alchemy Markets","og_description":"Gold\u2019s 4H chart shows a hidden bullish divergence, signaling a potential rally to $2,721.410 or beyond. Explore key targets here!","og_url":"https:\/\/alchemymarkets.com\/education\/market-insights\/chart-of-the-day\/gold-4h-dec-2024\/","og_site_name":"Alchemy Markets","article_modified_time":"2025-05-12T12:46:33+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2024\/12\/COTD-24.12.18.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Tempo di lettura stimato":"2 minuti"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/chart-of-the-day\/gold-4h-dec-2024\/","url":"https:\/\/alchemymarkets.com\/education\/market-insights\/chart-of-the-day\/gold-4h-dec-2024\/","name":"Gold 4H Hidden Bullish Divergence: Upside and Downside Targets - Alchemy Markets","isPartOf":{"@id":"https:\/\/alchemymarkets.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/chart-of-the-day\/gold-4h-dec-2024\/#primaryimage"},"image":{"@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/chart-of-the-day\/gold-4h-dec-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2024\/12\/COTD-24.12.18.jpg","datePublished":"2024-12-18T11:37:32+00:00","dateModified":"2025-05-12T12:46:33+00:00","description":"Gold\u2019s 4H chart shows a hidden bullish divergence, signaling a potential rally to $2,721.410 or beyond. Explore key targets here!","breadcrumb":{"@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/chart-of-the-day\/gold-4h-dec-2024\/#breadcrumb"},"inLanguage":"it-IT","potentialAction":[{"@type":"ReadAction","target":["https:\/\/alchemymarkets.com\/education\/market-insights\/chart-of-the-day\/gold-4h-dec-2024\/"]}]},{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/chart-of-the-day\/gold-4h-dec-2024\/#primaryimage","url":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2024\/12\/COTD-24.12.18.jpg","contentUrl":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2024\/12\/COTD-24.12.18.jpg","width":1792,"height":1024},{"@type":"BreadcrumbList","@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/chart-of-the-day\/gold-4h-dec-2024\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/alchemymarkets.com\/"},{"@type":"ListItem","position":2,"name":"Market Insights","item":"https:\/\/alchemymarkets.com\/education\/market-insights\/"},{"@type":"ListItem","position":3,"name":"Gold 4H Hidden Bullish Divergence: Upside and Downside Targets"}]},{"@type":"WebSite","@id":"https:\/\/alchemymarkets.com\/#website","url":"https:\/\/alchemymarkets.com\/","name":"Alchemy Markets","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/alchemymarkets.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"it-IT"}]}},"_links":{"self":[{"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/market_insights\/7338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/market_insights"}],"about":[{"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/types\/market_insights"}],"author":[{"embeddable":true,"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/users\/159"}],"replies":[{"embeddable":true,"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/comments?post=7338"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/media\/7339"}],"wp:attachment":[{"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/media?parent=7338"}],"wp:term":[{"taxonomy":"market_insights_categories","embeddable":true,"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/market_insights_categories?post=7338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}