After the sharp sell-off, the price found strong support and created a clean recovery. Now we’re seeing higher lows forming along the trendline, which suggests buyers are slowly taking control.
Gold is currently consolidating above the demand zone around 4710–4715, showing that the market is respecting this area as support.
If momentum continues and buyers stay active, we could see a push toward the 4770–4785
liquidity zone.
However, if the trendline breaks, the price may revisit the 4710 support area before the next move.
📊 Key Levels
- Support: 4710 – 4715
- Resistance: 4770 – 4785
Right now, the market looks like it’s building pressure for the next move.
Do you think gold will break higher from here, or sweep liquidity below 4710 first? 🤔📈
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