Gold remains in a strong bullish trend, with buyers maintaining full control after breaking above previous resistance. Price is now consolidating just below the 4300 psychological resistance, suggesting a potential continuation once the market completes a healthy pullback.
The preferred approach is still buying the retracement, not chasing the breakout.
🟢 Primary Scenario – Buy the Pullback
Allow price to retrace into support before looking for bullish confirmation.
Buy Zone 1: 4245 – 4250 (first support)
Buy Zone 2: 4190 – 4195 (major demand zone)
Target 1: 4300
Target 2: 4325 – 4330
🔴 Alternative Scenario
If gold fails to hold above 4245, a deeper correction toward 4190 becomes likely. However, as long as 4190 remains intact, the broader bullish structure is still valid.
📌 Key Levels
🔹 4300 → Psychological resistance and breakout level.
🔹 4325 – 4330 → Next bullish target.
🔹 4245 – 4250 → Preferred buy-on-dip zone.
🔹 4190 – 4195 → Strong demand and trend support.
📊 Session Bias
Bullish
Momentum remains firmly with buyers. Rather than chasing price into resistance, wait for a controlled pullback into support and trade with the prevailing trend.
The trend is your edge—discipline is waiting for the pullback.
The preferred approach is still buying the retracement, not chasing the breakout.
🟢 Primary Scenario – Buy the Pullback
Allow price to retrace into support before looking for bullish confirmation.
Buy Zone 1: 4245 – 4250 (first support)
Buy Zone 2: 4190 – 4195 (major demand zone)
Target 1: 4300
Target 2: 4325 – 4330
🔴 Alternative Scenario
If gold fails to hold above 4245, a deeper correction toward 4190 becomes likely. However, as long as 4190 remains intact, the broader bullish structure is still valid.
📌 Key Levels
🔹 4300 → Psychological resistance and breakout level.
🔹 4325 – 4330 → Next bullish target.
🔹 4245 – 4250 → Preferred buy-on-dip zone.
🔹 4190 – 4195 → Strong demand and trend support.
📊 Session Bias
Bullish
Momentum remains firmly with buyers. Rather than chasing price into resistance, wait for a controlled pullback into support and trade with the prevailing trend.
The trend is your edge—discipline is waiting for the pullback.
Emma Diamond | Gold Scalping & Market Analysis
Sharing macro insights, XAUUSD trend analysis, and high-probability scalping setups with disciplined risk management.
t.me/+tQGX4PFCCF0zMzI9
Sharing macro insights, XAUUSD trend analysis, and high-probability scalping setups with disciplined risk management.
t.me/+tQGX4PFCCF0zMzI9
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.
Emma Diamond | Gold Scalping & Market Analysis
Sharing macro insights, XAUUSD trend analysis, and high-probability scalping setups with disciplined risk management.
t.me/+tQGX4PFCCF0zMzI9
Sharing macro insights, XAUUSD trend analysis, and high-probability scalping setups with disciplined risk management.
t.me/+tQGX4PFCCF0zMzI9
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.