4500 Remains The Key Zone — Rebound or Breakdown?

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After the deep liquidity sweep earlier, gold is still holding above the 4500 zone and has started showing short-term rebounds inside a very tight trading range.

One important detail is that RSI is beginning to show slight convergence signals, suggesting that the market is starting to react technically.
However, there is still not enough confirmation for a major reversal yet.

Personal View

I still prefer waiting for pullbacks to look for SELL positions following the main trend.

Key resistance zones to watch:

4600 | 4605–4621 | 4650

These are the areas where the market could react strongly if price pushes higher.

Key support zones:

4520 | 4500 | 4460

4500 remains the key short-term structure zone.
If it holds → the market could continue a technical rebound.
If it breaks → gold could extend the bearish move toward:

4400 | 4300

Trading Plan

Prefer SELL positions on pullbacks following the main trend
Watch price reactions carefully around resistance zones
Short-term BUY scalp only for quick reactions at strong support
Stay cautious of deep liquidity sweeps before the real move begins

Main Idea

The market is still trapped inside a difficult trading range
RSI is showing convergence, but not enough to confirm a reversal
4500 remains the zone buyers must defend

“The market often creates hope for a rebound before revealing the real direction.”

What do you think?
Will 4500 continue holding the price — or is this just another pause before the next breakdown? 🔥

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