1. Market Structure — Bullish
Gold maintains a short-term bullish structure, supported by Higher Lows and an ascending trendline from 4,065–4,070. After rejection at 4,215–4,220, price pulled back toward 4,177 to retest support.
2. Key Support & Resistance
Resistance: 4,215–4,220; breakout target 4,225–4,230.
Support: 4,168–4,173 (trendline confluence); 4,135–4,145; 4,105–4,110; 4,065–4,070 (major demand).
3. Trading Scenarios
Bullish: Holding 4,168–4,173 with confirmation could push price toward 4,190 → 4,200 → 4,220. A breakout above 4,220 opens 4,225–4,230.
Bearish: A break below 4,168 and the ascending trendline could trigger a decline toward 4,145 → 4,110 → 4,065–4,070.
Bias: Bullish while 4,168–4,173 and the ascending trendline hold.
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The market is primarily consolidating and moving sideways, attempting to break above the key 4,200 resistance level while awaiting this week's CPI and PPI data.
BUY GOLD zone : 4174 - 4171
SL : 4166
TP : 4188 - 4200 - 4217
Penafian: Pandangan yang dinyatakan adalah semata-mata dari pengarang dan tidak mewakili kedudukan rasmi Followme. Followme tidak bertanggungjawab ke atas ketepatan, kesempurnaan, atau kebolehpercayaan maklumat yang diberikan dan tidak bertanggungjawab untuk sebarang tindakan yang diambil berdasarkan kandungan, melainkan dinyatakan secara bertulis secara jelas.

