4660 Holds or Breaks — Market Is Waiting For Direction

As the Asian session opened, oil reacted strongly after Trump rejected Iran’s peace proposal.
Oil pushed higher and continued retesting the key resistance zone around $100.
Meanwhile, gold is currently trading right at an important support area:
4660–4670
This will be the key zone deciding whether buyers can still hold the current market structure.
Personal View
If price breaks below 4660 → the market could extend lower toward:
4640 | 4620 | 4600 | 4580 | 4540 | 4520 | 4500
On the other hand, if this zone holds → gold may continue moving sideways while waiting for more geopolitical headlines and policy news.
Key Observation
H1 continues printing long upper wicks, showing that selling pressure is still clearly present.
Resistance To Watch
4723–4727 | 4750–4752 | 4800 | 4830
Trading Plan
I still prefer SELL STOP around 4655
SL: 20 points
Focus on trading the range and selling based on price reaction
Main Idea
4660 is currently the key short-term structure zone.
Hold above it → sideways continues
Lose it → the market may enter a deeper pullback phase.
“The market usually waits for confirmation at support before revealing the real trend.”
Do you think 4660 will hold the structure — or is this just the beginning of a bigger breakdown?
Oil pushed higher and continued retesting the key resistance zone around $100.
Meanwhile, gold is currently trading right at an important support area:
4660–4670
This will be the key zone deciding whether buyers can still hold the current market structure.
Personal View
If price breaks below 4660 → the market could extend lower toward:
4640 | 4620 | 4600 | 4580 | 4540 | 4520 | 4500
On the other hand, if this zone holds → gold may continue moving sideways while waiting for more geopolitical headlines and policy news.
Key Observation
H1 continues printing long upper wicks, showing that selling pressure is still clearly present.
Resistance To Watch
4723–4727 | 4750–4752 | 4800 | 4830
Trading Plan
I still prefer SELL STOP around 4655
SL: 20 points
Focus on trading the range and selling based on price reaction
Main Idea
4660 is currently the key short-term structure zone.
Hold above it → sideways continues
Lose it → the market may enter a deeper pullback phase.
“The market usually waits for confirmation at support before revealing the real trend.”
Do you think 4660 will hold the structure — or is this just the beginning of a bigger 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
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📊 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
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน