Gold remains trapped inside a tight $4300–$4355 range, but this kind of compression rarely lasts for long.
📊 Current Market Structure
The trend remains cautiously bullish, but price is struggling beneath a major resistance zone around $4355–$4365.
🔑 Key Levels To Watch
🔴 Resistance: $4355
A breakout above this level could open the door toward fresh highs.
🟢 Support: $4300
If price loses this level during the US session, a liquidity sweep toward lower demand zones becomes increasingly likely.
📍 Buy Zones
• $4220–$4240 (Liquidity Zone)
• $4165–$4180 (Major Demand Area)
⚠️ What Happens Next?
A break below the range could be nothing more than a liquidity grab before buyers step back in. The reaction around support will reveal whether Gold is preparing for another leg higher or a deeper correction.
Gold is approaching a decision point. The next breakout could set the tone for the rest of the week.
Are you expecting a breakout above $4355 or a sweep below $4300 first?
📊 Current Market Structure
The trend remains cautiously bullish, but price is struggling beneath a major resistance zone around $4355–$4365.
🔑 Key Levels To Watch
🔴 Resistance: $4355
A breakout above this level could open the door toward fresh highs.
🟢 Support: $4300
If price loses this level during the US session, a liquidity sweep toward lower demand zones becomes increasingly likely.
📍 Buy Zones
• $4220–$4240 (Liquidity Zone)
• $4165–$4180 (Major Demand Area)
⚠️ What Happens Next?
A break below the range could be nothing more than a liquidity grab before buyers step back in. The reaction around support will reveal whether Gold is preparing for another leg higher or a deeper correction.
Gold is approaching a decision point. The next breakout could set the tone for the rest of the week.
Are you expecting a breakout above $4355 or a sweep below $4300 first?
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.
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.