After a sharp rejection from all-time highs, Gold entered a corrective phase that remained controlled and trend-respecting. Buyers defended the lower parallel support multiple times, creating higher lows. The reclaim of previous rejection as support is a key structural shift, signaling that sellers are losing control. Current price behavior shows compression under psychological resistance, typically preceding an expansion.
This is trend continuation logic, not mean reversion.
Key Scenarios
✅ Bullish Continuation Scenario 🚀
Condition: Hold above psychological demand + channel support

🎯 Target 1: 4,380
🎯 Target 2: 4,450
🎯 Target 3: 4,500 (psychological expansion)
❌ Bearish Breakdown Scenario 📉

Condition: 4H close below parallel support
Current Levels to Watch
Resistance 🔴: 4,380 – 4,450 – 4,500
Support 🟢: 4,280 – 4,180 – 3,925
⚠️ Disclaimer: This analysis is for educational and informational purposes only. It is not financial advice.
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And LIVE Gold Signals here
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Related publications
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.
Selena LIVE Market Capture
And LIVE Gold Signals here
t.me/Selenaforex
And LIVE Gold Signals here
t.me/Selenaforex
Related publications
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.

