Gold remains bullish on the higher-timeframe structure, but price is currently consolidating below major liquidity.
The main upside liquidity is around 4441.21, where several timeframes are aligned.
Key levels
Resistance
* 4418–4420
* 4441.21 — major 4H / 1H / 15m liquidity
Support
* 4401–4396 — first important 15m support
* 4387–4380 — deeper 15m support
* 4376–4374
* 4356.93 — important 1H liquidity
Bullish scenario
If price holds the 4401–4396 area and buyers regain control, I will look for a move toward 4418–4420, followed by another attempt at 4441.21.
Acceptance above 4441.21 and a successful retest would support further bullish continuation.
Bearish scenario
If 4396 fails and price accepts below it, the next areas of interest are 4387–4380, followed by 4376–4374.
A deeper structural failure could open the way toward 4356.93.
For now, price is between important levels, so I prefer to wait.
Neutral until price shows clear acceptance or rejection at one of the key levels.
This is my personal market analysis for educational purposes only and is not financial advice.
The main upside liquidity is around 4441.21, where several timeframes are aligned.
Key levels
Resistance
* 4418–4420
* 4441.21 — major 4H / 1H / 15m liquidity
Support
* 4401–4396 — first important 15m support
* 4387–4380 — deeper 15m support
* 4376–4374
* 4356.93 — important 1H liquidity
Bullish scenario
If price holds the 4401–4396 area and buyers regain control, I will look for a move toward 4418–4420, followed by another attempt at 4441.21.
Acceptance above 4441.21 and a successful retest would support further bullish continuation.
Bearish scenario
If 4396 fails and price accepts below it, the next areas of interest are 4387–4380, followed by 4376–4374.
A deeper structural failure could open the way toward 4356.93.
For now, price is between important levels, so I prefer to wait.
Neutral until price shows clear acceptance or rejection at one of the key levels.
This is my personal market analysis for educational purposes only and is not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.