📰 Context
NFP came mixed. Fed speakers pushed back on early cuts. Real yields still a headwind. But physical demand and central banks remain supportive.
📊 H4 Structure
Trendline still intact (rising from early May)
Price compressed between trendline support (~4,700-4,710) and zone resistance (4,763-4,800)
No clear CHOCH yet – still within bullish structure, but losing steam
🔑 Key Levels for Next Week
🟢 Support: 4,656 → 4,625
🟡 Pivot zone: 4,700-4,710 (trendline)
🔴 Resistance: 4,763 → 4,800 → 4,826
⚡️ IF–THEN Scenarios
✅ IF holds above trendline (4,700) + reclaims 4,725
→ grind toward 4,763 → 4,800
❌ IF loses 4,700 + breaks 4,656
→ shift structure → 4,625 → 4,600
🧠 My bias
For me, this still looks like accumulation before another leg up – but only if support holds. I'm not interested in buying the middle of this range. I'd rather wait for a sweep of 4,700 or a clean reclaim of 4,739.
❓ What's your bias for next week?
👇 Drop your level or scenario
NFP came mixed. Fed speakers pushed back on early cuts. Real yields still a headwind. But physical demand and central banks remain supportive.
📊 H4 Structure
Trendline still intact (rising from early May)
Price compressed between trendline support (~4,700-4,710) and zone resistance (4,763-4,800)
No clear CHOCH yet – still within bullish structure, but losing steam
🔑 Key Levels for Next Week
🟢 Support: 4,656 → 4,625
🟡 Pivot zone: 4,700-4,710 (trendline)
🔴 Resistance: 4,763 → 4,800 → 4,826
⚡️ IF–THEN Scenarios
✅ IF holds above trendline (4,700) + reclaims 4,725
→ grind toward 4,763 → 4,800
❌ IF loses 4,700 + breaks 4,656
→ shift structure → 4,625 → 4,600
🧠 My bias
For me, this still looks like accumulation before another leg up – but only if support holds. I'm not interested in buying the middle of this range. I'd rather wait for a sweep of 4,700 or a clean reclaim of 4,739.
❓ What's your bias for next week?
👇 Drop your level or scenario
Join Community Gold BMR_MasteTrade:
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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.
Join Community Gold BMR_MasteTrade:
t.me/+p2iJeq3yBUYyNDJl
t.me/+p2iJeq3yBUYyNDJl
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.