XAUUSD (Gold) – 1H Support Reaction After Sharp Selloff

Jan 31

After a strong rejection from the higher resistance area, price made a sharp bearish correction into a major support zone. Current reaction suggests a possible relief bounce, but structure remains corrective unless resistance is reclaimed.



Major Support: 4760 – 4800

Recovery Resistance: 5050 – 5120

Higher Resistance: 5350 – 5400


Market is in a corrective phase. Watch for support hold and breakout above resistance to confirm recovery continuation. Risk management is essential.

Feb 1

Note

Price is reacting from major support; recovery is possible, but trend remains corrective below resistance.

Feb 2

Trade active

trade active

Feb 4

Note

Market is reacting at a key level; hold above support keeps the bullish bias intact, while a clear rejection from resistance may trigger a pullback toward the support zone.