GOLD at a Make-or-Break Zone: $4,230 Breakout or Drop Toward $3,Gold Futures are currently trading near a critical decision area on the 4-hour chart.
Price is moving around $4,070, caught between a major support zone at $3,940–$3,990 and an important resistance area between $4,200 and $4,230.
The Volume Profile also shows significant trading activity around th
Gold Futures
No trades
No trades
Compare with Gold
Profile
Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a fiat currency system in which paper money doesn't have an implied backing with any physical form of monetization. AU is the code for Gold on the Periodic table of elements, and the price above is Gold quoted in US Dollars, which is the common yardstick for measuring the value of Gold across the world.
Gold Update 16JUL2026: Final Drop Silver updated chart inspired me to redraw the gold chart
Overall, the trend is similar, however the internal structure is different
It's ABC zigzag in wave 4
Wave B is irregular flat
Final wave C is almost done as 4 out of 5 waves are completed
RSI confirms that count
Wave 5 of C of (4) should
GOLD: Still Trending Lower! Is It At The Bottom Yet?In this Weekly Market Forecast, we will analyze Gold for the week of July 20-24th.
Gold is widely expected to lean bearish this coming week, as prices struggle to hold the critical $4,000 per ounce floor. Downward pressure is being driven by a stronger US dollar and expectations of a hawkish Federa
Gold Long Idea at a Key Support ZoneGold is currently trading once again near a technically important support zone between approximately 3,930 and 4,005. This area has already been tested several times on the chart and previously produced strong reactions from buyers.
The current pullback into this zone could therefore offer an inter
GOLD Short
GOLD SELL MARKET ORDER : 4069.3
Stop Loss: 4148.5
Remove risk/Partials @ : 4006.2
Take profit: 3970.5
Trade Plan: Short
Bias: BEARISH short term.
Entry reason: Price has tested key TPO area. The short-term valuation tool also shows temporarily overvalued against the index
Stop Loss: Above n
Gold Mega MCX Fut Intraday Tech. Analysis for 14 July, 26MCX:GOLD1!
Gold Futures (MCX) | Intraday Structure | July 14, 2026
Gold is trading around 140,091, slipping directly underneath the 140,309 Zero Line following a sharp, high-volume liquidation cycle. The contract has broken down past its intermediate consolidation bases, shifting the immediate in
1H trendline break + SUPPLY + Double Topslook at the trendline break for basic order flow. use the supply zone as an anchor to the bearish order flow. use the double tops once they're in to confirm your entry. target an opposing zone with the opposite order flow. this is all the 1-hour timeframe and I'm on a paper account but this is my id
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current price of Gold Futures is 4,067.2 USD / APZ — it has risen 0.86% in the past 24 hours. Watch Gold Futures price in more detail on the chart.
The volume of Gold Futures is 63.73 K. Track more important stats on the Gold Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Gold Futures this number is 212.09 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Gold Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Gold Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Gold Futures technicals for a more comprehensive analysis.









