Gold is currently correcting within a short-term descending structure after rejecting from the recent highs. Price has now moved back into a high-probability Point of Interest (POI) where previous demand and an FVG (Fair Value Gap) align, making this zone important for potential bullish continuation.
The recent drop appears to be a liquidity sweep and pullback into demand, and the reaction from this area suggests buyers are starting to defend the level. If price holds above this POI zone, we could see a recovery move toward the 5100–5140 resistance region, with the possibility of testing higher levels if momentum returns.
However, if the market breaks and accepts below the POI, price may extend the correction toward the next external POI (EXT POI) around the lower demand zone.
From a broader perspective, geopolitical tensions and safe-haven demand continue to support gold in the long term, meaning pullbacks into key demand zones could still attract buyers.
Key Levels to Watch:
POI Support: ~5045–5060
Next Demand (EXT POI): ~5005–5020
Resistance / Recovery Target: 5100–5140
If buyers step in strongly at the current zone, this pullback could turn into the next bullish leg for gold. 📈
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
