Right as the Asian session opened, gold made a very aggressive long sweep down into the 4478 area, wiping out liquidity and crushing long positions around the 4500 zone.
At the moment, the market is still trading inside a very uncomfortable trading range.
What’s interesting is that every H2 candle is still closing above 4500, showing that buyers are still trying to defend the short-term structure.
But the big question now is:
Can 4500 still hold the price?
Personal View
I still prefer waiting for pullbacks to look for SELL positions following the main trend.
Key resistance zones to watch:
4580 | 4605–4621 | 4650
These are the areas where the market could react strongly if price pushes higher.
There may still be opportunities for quick BUY scalps or reaction trades around support zones.
However, BUY positions at this stage are mostly short-term reaction setups only.
My personal expectation is that the market could bounce one more time before continuing lower again.
If the bearish structure remains intact, deeper targets could expand toward:
4400 | 4300 | 4000
Main Idea
The market has just completed a major liquidity sweep
4500 is still the key structure zone
But the overall trend still favors selling the rallies
“The longer the market holds around a key decision zone — the stronger the next breakout usually becomes.”
What do you think?
Is 4500 truly becoming a short-term bottom — or just a pause before the next major breakdown? 🔥
At the moment, the market is still trading inside a very uncomfortable trading range.
What’s interesting is that every H2 candle is still closing above 4500, showing that buyers are still trying to defend the short-term structure.
But the big question now is:
Can 4500 still hold the price?
Personal View
I still prefer waiting for pullbacks to look for SELL positions following the main trend.
Key resistance zones to watch:
4580 | 4605–4621 | 4650
These are the areas where the market could react strongly if price pushes higher.
There may still be opportunities for quick BUY scalps or reaction trades around support zones.
However, BUY positions at this stage are mostly short-term reaction setups only.
My personal expectation is that the market could bounce one more time before continuing lower again.
If the bearish structure remains intact, deeper targets could expand toward:
4400 | 4300 | 4000
Main Idea
The market has just completed a major liquidity sweep
4500 is still the key structure zone
But the overall trend still favors selling the rallies
“The longer the market holds around a key decision zone — the stronger the next breakout usually becomes.”
What do you think?
Is 4500 truly becoming a short-term bottom — or just a pause before the next major breakdown? 🔥
📊 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
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
📊 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
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.