Higher Timeframe (1H)
Gold remains under bearish pressure after a strong sell-off. Price is approaching a major support zone where buyers may look for a reaction. The overall structure remains bearish until key resistance levels are reclaimed.
Lower Timeframe (15M)
Price is consolidating near intraday support after the recent decline. Short-term traders should watch for confirmation of either a bounce toward resistance or continuation of the downtrend.
Key Levels
🔴 Resistance: 4,200 – 4,220🔴 Major Resistance: 4,380 – 4,400🟢 Support: 4,100 – 4,110🟢 Major Support: 4,080 – 4,100 *Market Outlook* 📉 Trend: Bearish⚡ Momentum: Weak Recovery Attempt🎯
Focus : Price reaction at support levelsWhat to Watch• Support holding or breaking• Rejection from resistance zones• Economic news and USD strength• Market structure confirmation
Trade the reaction, not the prediction.This analysis is for educational purposes only and not financial advice.