Gold Spot / U.S. Dollar
Short

What will gold do in the US trading session?

261
📈 Market Structure

Price Action:
Price has just broken out of the accumulation zone, moving sharply toward the main resistance area.

📊 Trendlines

Lower Trendline (Red): Long-term dynamic support — price has bounced multiple times from this level.

Upper Trendline (Red): Main descending resistance — price is now approaching this zone.

🧱 Support Zones

3,970,000: Confluence of horizontal support and the lower trendline → key reaction area to monitor.

4,030 – 4,050 (Breakout Zone): Intermediate support if price pulls back after the breakout rally.

⚔️ Resistance Zones

4,100 – 4,115: Strong resistance aligning with the upper trendline and previous highs → possible correction zone.

🎯 Scenario

If price gets rejected around 4,115, it could pull back toward the 4,030 – 4,050 breakout zone, or even retest 3,970,000.

A clean breakout above 4,115 would confirm stronger bullish continuation.

🧭 Summary

Trend: Short-term bullish — currently testing major resistance.
Strategy: Watch price action near 4,115; wait for confirmation to re-enter buys around 4,030 – 3,970.

💼 Trading Plan

BUY GOLD: 4,030 – 4,028

Stop Loss: 4,018

Take Profit: 100 – 300 – 500 pips


SELL GOLD: 4,115 – 4,117

Stop Loss: 4,127

Take Profit: 100 – 300 – 500 pips

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