XAUUSD: Gold is back near the same weak low zone around 4,139–4,144, and buyers still look too passive.
Fundamental Analysis
Gold is hovering right above a weak bottom zone at 4,139 - 4,144, but don’t be fooled — buyers are not in control. There is no real bullish conviction here.
The structure is fragile. Price attempted a recovery, failed to sustain momentum, and is now pressing back into the same weak low. When the market keeps revisiting a low without strong rejection, it’s not support — it’s a warning. That level is getting ready to break.
Technical Analysis
From an SMC perspective, the short-term structure is clearly bearish. The recent bounce was nothing more than a correction. Sellers are still firmly defending the key reaction zone at 4,170 - 4,195.
As long as gold stays below this zone, sellers dominate. Downside pressure remains intact. Only a decisive reclaim above 4,195 would signal that buyers are finally stepping up.
Right now, the message is clear: gold is standing on a fragile floor, and buyers have not proven anything yet.
Key Price Zones
Current weak low: 4,139 - 4,120
Resistance zone: 4,170 - 4,195
Downside target: 4,080 - 4,090
Bullish confirmation: Above 4,195
Trading Plan
Primary Scenario: Sell Continuation
Entry: Below 4,120 after confirmed breakdown and retest
Stop Loss: Above 4,150
Take Profit 1: 4,090
Take Profit 2: 4,080
Take Profit 3: 4,050
Entry Conditions
Price breaks below the 4,120 weak low.
Retest of the broken level fails.
Bearish momentum continues after the breakdown.
Price remains below the 4,170 - 4,195 resistance zone.
Do not chase if price has already extended too far without a retest.
Alternative Scenario: Sell From Resistance
Entry: 4,170 - 4,195 after bearish confirmation
Stop Loss: Above 4,210
Take Profit 1: 4,139 - 4,120
Take Profit 2: 4,090
Take Profit 3: 4,080
Sell Conditions
If price pulls back into the 4,170 - 4,195 zone and fails to break higher, that’s your signal. Any bearish rejection here confirms sellers are still in control and ready to push the market lower.
Buy Scenario
Entry: Above 4,195 after breakout and retest
Stop Loss: Below 4,170
Take Profit 1: 4,220
Take Profit 2: 4,250
Take Profit 3: 4,280
Buy Conditions
Buying is not the priority right now. Only consider longs if gold breaks above 4,195, holds that level, and forms a clear bullish CHOCH. Until then, buyers are simply not strong enough.
Overall View
Gold is standing on a weak foundation. Buyers must defend 4,120 and reclaim 4,170 - 4,195 — anything less is failure.
Until proven otherwise, every weak bounce is a selling opportunity. A clean break below 4,120 will likely trigger a move straight down to 4,080 - 4,090.
The question is simple: will buyers finally step up, or will gold collapse through 4,120 and continue the drop?
eases the risk of a breakdown.
Fundamental Analysis
Gold is hovering right above a weak bottom zone at 4,139 - 4,144, but don’t be fooled — buyers are not in control. There is no real bullish conviction here.
The structure is fragile. Price attempted a recovery, failed to sustain momentum, and is now pressing back into the same weak low. When the market keeps revisiting a low without strong rejection, it’s not support — it’s a warning. That level is getting ready to break.
Technical Analysis
From an SMC perspective, the short-term structure is clearly bearish. The recent bounce was nothing more than a correction. Sellers are still firmly defending the key reaction zone at 4,170 - 4,195.
As long as gold stays below this zone, sellers dominate. Downside pressure remains intact. Only a decisive reclaim above 4,195 would signal that buyers are finally stepping up.
Right now, the message is clear: gold is standing on a fragile floor, and buyers have not proven anything yet.
Key Price Zones
Current weak low: 4,139 - 4,120
Resistance zone: 4,170 - 4,195
Downside target: 4,080 - 4,090
Bullish confirmation: Above 4,195
Trading Plan
Primary Scenario: Sell Continuation
Entry: Below 4,120 after confirmed breakdown and retest
Stop Loss: Above 4,150
Take Profit 1: 4,090
Take Profit 2: 4,080
Take Profit 3: 4,050
Entry Conditions
Price breaks below the 4,120 weak low.
Retest of the broken level fails.
Bearish momentum continues after the breakdown.
Price remains below the 4,170 - 4,195 resistance zone.
Do not chase if price has already extended too far without a retest.
Alternative Scenario: Sell From Resistance
Entry: 4,170 - 4,195 after bearish confirmation
Stop Loss: Above 4,210
Take Profit 1: 4,139 - 4,120
Take Profit 2: 4,090
Take Profit 3: 4,080
Sell Conditions
If price pulls back into the 4,170 - 4,195 zone and fails to break higher, that’s your signal. Any bearish rejection here confirms sellers are still in control and ready to push the market lower.
Buy Scenario
Entry: Above 4,195 after breakout and retest
Stop Loss: Below 4,170
Take Profit 1: 4,220
Take Profit 2: 4,250
Take Profit 3: 4,280
Buy Conditions
Buying is not the priority right now. Only consider longs if gold breaks above 4,195, holds that level, and forms a clear bullish CHOCH. Until then, buyers are simply not strong enough.
Overall View
Gold is standing on a weak foundation. Buyers must defend 4,120 and reclaim 4,170 - 4,195 — anything less is failure.
Until proven otherwise, every weak bounce is a selling opportunity. A clean break below 4,120 will likely trigger a move straight down to 4,080 - 4,090.
The question is simple: will buyers finally step up, or will gold collapse through 4,120 and continue the drop?
eases the risk of a breakdown.
📌 Owen Steele · XAUUSD · SMC · Order Blocks · Liquidity
🕐Weekly outlook every Monday t.me/+X3kNEpwkIcE1ZDY1
💬 Deeper analysis & real-time updates
🔔 Boost if this helped · t.me/+up9c00DV6so3NWQ9
🕐Weekly outlook every Monday t.me/+X3kNEpwkIcE1ZDY1
💬 Deeper analysis & real-time updates
🔔 Boost if this helped · t.me/+up9c00DV6so3NWQ9
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📌 Owen Steele · XAUUSD · SMC · Order Blocks · Liquidity
🕐Weekly outlook every Monday t.me/+X3kNEpwkIcE1ZDY1
💬 Deeper analysis & real-time updates
🔔 Boost if this helped · t.me/+up9c00DV6so3NWQ9
🕐Weekly outlook every Monday t.me/+X3kNEpwkIcE1ZDY1
💬 Deeper analysis & real-time updates
🔔 Boost if this helped · t.me/+up9c00DV6so3NWQ9
相關出版品
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
