Gold swept down to 4542 and then rebounded strongly to 4643, showing solid short-term recovery momentum. Price is now approaching the upper resistance zone.
From my perspective, gold is still moving sideways within a short-term range.
Resistance
4644 | 4666 | 4680 | 4700
Support
4500 | 4520 | 4540 | 4575
Bias
Prefer selling at resistance zones.
Short-term buy scalps at support are possible if clear price reactions appear.
Main Idea
The market is in a consolidation phase, so range trading is preferred.
Only shift to bullish if price breaks and holds above 4700.
“In a sideways market, profits come from discipline, not prediction.”
Will you sell the highs or scalp the lows? Share your view.
From my perspective, gold is still moving sideways within a short-term range.
Resistance
4644 | 4666 | 4680 | 4700
Support
4500 | 4520 | 4540 | 4575
Bias
Prefer selling at resistance zones.
Short-term buy scalps at support are possible if clear price reactions appear.
Main Idea
The market is in a consolidation phase, so range trading is preferred.
Only shift to bullish if price breaks and holds above 4700.
“In a sideways market, profits come from discipline, not prediction.”
Will you sell the highs or scalp the lows? Share your view.
📊 XAUUSD & Forex Trading📈 Intraday setups – risk-managed⏱️ Live alerts + technical reasoning🧠 Consistency over hype📌 Trade the plan. Manage the risk.👉 Full signals & real-time insights
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📊 XAUUSD & Forex Trading📈 Intraday setups – risk-managed⏱️ Live alerts + technical reasoning🧠 Consistency over hype📌 Trade the plan. Manage the risk.👉 Full signals & real-time insights
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.