@bscfx1
GOLD ANALYSIS
4H structure
• Price made a clean higher low near 4080 to 4100
• Trend is still bullish on 4H
• Momentum slowly rising but not explosive
• Sellers appear only near 4250 to 4280 zone, heavy supply every time
1H structure
• Small higher-high higher-low sequence
• But upside momentum is slowing
• 4245 to 4260 is immediate resistance
• 4200 to 4180 is intraday support
• 4100 is major swing support
What happens next
Upside continuation only if 4260 breaks cleanly. Without that breakout price stays in a range.
If 4260 breaks, next targets:
• 4300
• 4340
If price rejects 4260 again, downside retest zones:
• 4200
• 4150
• 4100 major support
Your actionable view
• Buyers want a 4260 breakout
• Sellers wait for rejection candles at resistance
Gold is coiling. A decisive move expands volatility in the next sessions, especially if US data hits the market.