GOLD | Could break through $4,000 level | Week May 04-08, 2026

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GOLD | Could break through $4,000 level | Week May 04-08, 2026Gold FuturesCOMEX_DL:GC1!cncstarHello Traders! According to my EMA's system, on the W1 and D1 chart, GC1! has entered a correction phase, and the consolidation phase within the downtrend on the H4 chart presents us with an opportunity to sell. Wait for a bearish signal candle to break through the support zone with high volume, very high volume, and then place a Sell Stop order. My target price below $4,000.