
Structure | Trend | Key Reaction Zones
Gold is currently trading inside a rising corrective channel after reacting from a key demand zone.
Market Overview
After a strong bearish move, price swept liquidity near 4200 and formed a solid base around the 4300–4400 demand zone. The market is now moving in a corrective bullish channel, indicating short-term recovery. However, price is approaching the 4600–4700 supply zone, which aligns with previous structure and could act as resistance. The reaction from this zone will determine whether the market continues higher or resumes the bearish trend.
Key Scenarios
✅ Bullish Case 🚀
Continuation within channel.
🎯 Target 1: 4600
🎯 Target 2: 4700
🎯 Target 3: 4800 – 4900
Current Levels to Watch
Resistance 🔴: 4600 – 4700
Support 🟢: 4300 – 4400
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
Selena LIVE Market Capture
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And LIVE Gold Signals here
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Selena LIVE Market Capture
And LIVE Gold Signals here
t.me/Selenaforex
And LIVE Gold Signals here
t.me/Selenaforex
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
