Selling pressure returned to the 4280 GAP.

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📈 1. Trend : Market Structure

Overview

Gold continues to maintain a strong bullish recovery after establishing a bottom around 4,025–4,040.

EMA9 (~4,323) remains above EMA89 (~4,269), confirming positive short-term momentum.
Price continues to print Higher Highs and Higher Lows.
The previous bearish structure has been broken, while buyers remain in control of the market.
However, price is now approaching a key resistance zone around 4,355–4,370, where strong selling pressure previously emerged.

👉 Current Trend: Short-term bullish trend, but approaching a major resistance area.

📊 2. Fibonacci : Price Action

Key Fibonacci Levels

Based on the latest bullish leg:

🔵 Fib 0.382: 4,238

🔵 Fib 0.500: 4,197

🔵 Fib 0.618: 4,156

These levels are expected to act as support zones in the event of a pullback.

Key Resistance Levels

🔴 Near Resistance: 4,355–4,370

Major supply zone
Previous EMA89 resistance area
Recent recovery high

🔴 Extended Resistance: 4,400–4,430

Next upside target if price successfully breaks above the 4.37x resistance zone.

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SELL GOLD : zone 4365 - 4368

SL : 4373

TP : 4330 - 4302 - 4277


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Operación activa
Sideway around 4340 , touch 4355 and down

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