Gold Technical Retracement Before Continuing Main Uptrend

26
⏰ Timeframe: 30m
📅 Update: 11/14/2025

🔍 Market Context

After establishing a short-term peak around 4,239 USD, gold is undergoing a technical retracement to rebalance its structure.
The most recent decline formed a Break of Structure (BOS), but the Support Zone around 4,145–4,174 USD continues to serve as a foundation for the medium-term uptrend.
The current price structure indicates the market is re-accumulating momentum before expanding again.

📊 Technical Structure

Order Block (4,239 USD): a short-term resistance zone where the price may react slightly before continuing upward.

Support Zone (4,145–4,174 USD): a confluence zone with Fibo 0.236–0.382, playing a balancing role in the current cycle.

Liquidity Targets:
 • 4,261 USD – intermediate liquidity zone.
 • 4,293 USD – main expansion target if the uptrend is maintained.

🎯 Market Outlook

High probability scenario:
1️⃣ The price may retrace to the Support Zone or form a higher low around 4,174 USD, then recover to the OB zone at 4,239 USD.
2️⃣ If the uptrend structure breaks, the market may test deeper towards 4,145 USD before bouncing back.
As long as the price holds above this support zone, the primary trend remains bullish continuation.

🧠 Analyst’s View

This is a phase of market re-accumulation after a rapid increase.
Maintaining a higher low structure will be a confirmation signal for the next expansion phase towards 4,261–4,293 USD.
Buyers are still controlling the cash flow, while sellers mainly participate in the short-term resistance zone.

🛡️ Risk Note

The market is in a slight correction phase – avoid impulsive actions when the price has not completed the accumulation zone.

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