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📉 Entry: $4114 (Institutional Distribution Zone)
🎯 TP: $4105 (Major Liquidity Grab Zone)
⛔ SL: Above $4125 (Key Intraday Supply Zone)
Strong Momentum Continuation Sell from $4114 —
New Leg Down Loading ⏬ Targeting Next Liquidity Zone at $4105
REASONING & CONFLUENCE:
✅ Bearish order block confirmed
✅ Lower-high structure formation
✅ Sellers defending intraday supply zone
✅ Momentum aligned with short-term downtrend
Gold prices are maintaining a technical recovery after a strong correction from the peak of 4,379 USD/ounce. Currently, the price is trading around 4,118 USD, approaching the Fibonacci support zone of 0.618 (4,110 USD), an important milestone to determine the short-term supply-demand balance.
On the daily chart, gold is still in the medium-term uptrend channel formed since mid-August, with the MA21 average line (4,000 USD area) continuing to act as a dynamic support base. RSI has reached the 50 area and is showing signs of forming a slight bottom, reflecting the weakening selling momentum.
In terms of patterns, the candlestick cluster of the last 2 days shows a "hammer - recovery confirmation" pattern, suggesting that demand is reappearing at the technical bottom.
Trend Assessment:
If the $4,100 zone holds, there is a high probability that gold will enter a bullish consolidation phase towards the $4,200 mark. However, a break of the $4,000 zone would open up a deeper correction towards the $3,950 area.
In the context of lower interest rate expectations and geopolitical tensions that have not yet subsided, the medium-term trend of gold remains bullish, although the current recovery is more technical than a fundamental breakout.

Gold is trading around $4115, currently holding inside a tight consolidation range after a volatile session. The market is showing indecision, with price trapped between near-term support and resistance levels — signaling potential buildup for the next move.
Technical Overview:
Trend: Sideways consolidation (neutral)
Resistance: $4125 – $4140
Support: $4105 – $4090
Scenarios:
Break above $4140 → may trigger a push toward $4160 / $4175
Break below $4090 → could lead to further downside toward $4070 / $4055
Market View:
Momentum is weak, and buyers are struggling to regain control. Until a clear breakout occurs, expect choppy price action within the 4090–4140 range. Scalpers can look for confirmation candles at either edge for short-term entries.

TP-1 4117
TP-2 4119
TP-3 4122
As price Faced rejection from support
Now price could go upside towards Supply Zone
After Break out price could go upaide towards R-1 4149
TP-1 to TP-3 are previous resistances levels
price could retrace back from resistances levels.
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⚠️ Disclaimer: This content is for informational purposes only and should not be taken as financial or investment advice.

