
XAUUSD | Market Outlook 📊
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Gold remains under pressure after facing strong rejection from the 4715–4740 supply zone, with price now hovering around the important 4550–4570 liquidity area. The overall structure continues to show lower highs and weak bullish follow-through, keeping short-term momentum in favor of sellers.
Key Technical View:-
As long as price stays below 4570, bearish pressure is likely to remain dominant.
This region is acting as:
• Former support turned resistance
• Intraday supply zone
• Short-term momentum control area for sellers
If gold fails to reclaim and hold above 4570, downside continuation could target:
→ 4535
→ 4505
→ Deeper liquidity zones if bearish momentum increases
Current rebounds still appear corrective in nature rather than a confirmed reversal, while the broader descending structure remains intact.
Macro & Geopolitical Factors:-
Improving diplomatic tone surrounding the US–Iran situation has slightly reduced safe-haven demand for gold, limiting upside momentum in the short term.
Meanwhile, markets remain highly reactive to inflation expectations, Federal Reserve policy outlook, and global geopolitical headlines, which may continue driving volatility around key technical zones.
Institutional Perspective:-
From a structural standpoint, gold remains technically vulnerable below 4570. Unless buyers regain control above that level with strong momentum, rallies may continue to be viewed as temporary pullbacks within the broader bearish framework.