XAUUSD – Gold Stays Under Pressure, Sellers Are Watching 4,067
Gold is moving lower for the second day in a row, and the chart is starting to look heavier again.
Price is currently trading around 4,049 after failing to hold above the previous short-term recovery structure. The market is now pressing below the broken trendline area, while the nearest sell order zone is sitting around 4,067.
This is an important level for today. If gold retests this zone and fails to reclaim it, sellers may continue pushing price toward the next downside targets.
FUNDAMENTAL ANALYSIS
Gold is under pressure as the U.S. dollar continues to recover and stays near its recent highs.
Market expectations around the Fed are also becoming more cautious. If traders continue to price in a higher chance of rate hikes, gold may struggle because higher rates increase the opportunity cost of holding non-yielding assets.
For now, the fundamental background supports a cautious view for gold, especially while price remains below key resistance.
TECHNICAL ANALYSIS – SMC + FIBONACCI
From an SMC perspective, gold has lost the short-term support structure and is now reacting below the sell order zone.
The 4,067 area is the key resistance to watch. This zone aligns with the previous reaction area and the broken structure. If price pulls back into this level and shows rejection, it may confirm that sellers are still defending the market.
Below current price, the first downside target is around 4,023. This area also aligns with the Fibonacci extension zone and may create a short-term reaction.
If 4,023 fails, the next important target is around 3,991, where stronger liquidity may attract price.
The chart is clear: gold needs to reclaim 4,067 to weaken the bearish pressure. Without that reclaim, the downside path remains open.
KEY PRICE ZONES
Current price: 4,049
Sell order zone: 4,067
Short-term resistance: 4,067 – 4,070
Target 1: 4,023
Target 2: 3,991
Bearish pressure remains: Below 4,067
Invalidation for sell view: Above 4,070
TRADING SCENARIOS
Sell Scenario – Priority View
Sell Zone: 4,067 – 4,070
Entry: Bearish rejection, failed reclaim, or lower-timeframe bearish CHoCH
SL: Above 4,070 or above the nearest swing high
TP1: 4,023
TP2: 3,991
Breakdown Sell
Condition: Clean break below 4,023
Entry: Retest and bearish confirmation
Target: 3,991
Buy Scenario – Only Short-Term Reaction
Buy is not the priority while gold remains below 4,067.
Buy Zone: Around 4,023 only if strong reaction appears
Entry: Liquidity sweep, bullish rejection, or lower-timeframe bullish CHoCH
TP1: 4,049
TP2: 4,067
Invalidation: If price breaks and holds below 4,023, the buy reaction becomes weaker.
MY VIEW
Gold is currently under bearish pressure.
The recovery from last week has weakened, and sellers are now trying to control price below the 4,067 sell order zone. I do not want to chase the move at the bottom, but I will watch carefully if gold retests 4,067.
If this zone rejects, the next downside path toward 4,023 and 3,991 remains valid.
For buyers, the first signal of strength would be a clean reclaim above 4,067. Until that happens, sellers still have the cleaner structure.
Do you think gold will reject from 4,067 and continue lower, or will buyers reclaim this level first?
Gold is moving lower for the second day in a row, and the chart is starting to look heavier again.
Price is currently trading around 4,049 after failing to hold above the previous short-term recovery structure. The market is now pressing below the broken trendline area, while the nearest sell order zone is sitting around 4,067.
This is an important level for today. If gold retests this zone and fails to reclaim it, sellers may continue pushing price toward the next downside targets.
FUNDAMENTAL ANALYSIS
Gold is under pressure as the U.S. dollar continues to recover and stays near its recent highs.
Market expectations around the Fed are also becoming more cautious. If traders continue to price in a higher chance of rate hikes, gold may struggle because higher rates increase the opportunity cost of holding non-yielding assets.
For now, the fundamental background supports a cautious view for gold, especially while price remains below key resistance.
TECHNICAL ANALYSIS – SMC + FIBONACCI
From an SMC perspective, gold has lost the short-term support structure and is now reacting below the sell order zone.
The 4,067 area is the key resistance to watch. This zone aligns with the previous reaction area and the broken structure. If price pulls back into this level and shows rejection, it may confirm that sellers are still defending the market.
Below current price, the first downside target is around 4,023. This area also aligns with the Fibonacci extension zone and may create a short-term reaction.
If 4,023 fails, the next important target is around 3,991, where stronger liquidity may attract price.
The chart is clear: gold needs to reclaim 4,067 to weaken the bearish pressure. Without that reclaim, the downside path remains open.
KEY PRICE ZONES
Current price: 4,049
Sell order zone: 4,067
Short-term resistance: 4,067 – 4,070
Target 1: 4,023
Target 2: 3,991
Bearish pressure remains: Below 4,067
Invalidation for sell view: Above 4,070
TRADING SCENARIOS
Sell Scenario – Priority View
Sell Zone: 4,067 – 4,070
Entry: Bearish rejection, failed reclaim, or lower-timeframe bearish CHoCH
SL: Above 4,070 or above the nearest swing high
TP1: 4,023
TP2: 3,991
Breakdown Sell
Condition: Clean break below 4,023
Entry: Retest and bearish confirmation
Target: 3,991
Buy Scenario – Only Short-Term Reaction
Buy is not the priority while gold remains below 4,067.
Buy Zone: Around 4,023 only if strong reaction appears
Entry: Liquidity sweep, bullish rejection, or lower-timeframe bullish CHoCH
TP1: 4,049
TP2: 4,067
Invalidation: If price breaks and holds below 4,023, the buy reaction becomes weaker.
MY VIEW
Gold is currently under bearish pressure.
The recovery from last week has weakened, and sellers are now trying to control price below the 4,067 sell order zone. I do not want to chase the move at the bottom, but I will watch carefully if gold retests 4,067.
If this zone rejects, the next downside path toward 4,023 and 3,991 remains valid.
For buyers, the first signal of strength would be a clean reclaim above 4,067. Until that happens, sellers still have the cleaner structure.
Do you think gold will reject from 4,067 and continue lower, or will buyers reclaim this level first?
Trading is a journey. The destination is mastering yourself
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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.
Trading is a journey. The destination is mastering yourself
t.me/+qqEvv7Li9Tg2NTE1
t.me/+qqEvv7Li9Tg2NTE1
Publikasi terkait
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.