u/Robin452627

Gold is looking a bit weak in the short term after getting rejected around 4,429–4,435 and breaking below the rising trendline.

Right now, I’m watching the 4,320–4,300 area closely. This could be the key zone for the next move.

📉 If 4,320–4,300 breaks: We could see gold move toward 4,280, with 4,230–4,220 as the next area to watch. A clean break below 4,302 would make the bearish setup stronger.

📈 If buyers defend the zone: A recovery back above 4,380 could bring 4,400 into focus. If gold eventually breaks 4,429–4,435, the bearish setup would be weakened and 4,474 could come back into play.

For now, my bias is bearish below 4,380, but I’d rather see how price reacts around 4,320–4,300 before assuming the next move.

What do you think breakdown or bounce?

Just my personal market view, not financial advice. Always do your own research and manage your risk.

Just sharing my current chart view not a trade call.

Gold is still holding up fairly well above the 4,380–4,385 area, but buyers haven’t been able to push through 4,430–4,435 yet. So for now, I’d rather watch how price reacts at these levels than chase the move.

What I’m watching:

• Hold above 4,385 → possible move back toward 4,405 and 4,430–4,435
• Break above 4,435 → 4,450 could come into focus
• Lose 4,380 → downside could extend toward 4,366, then 4,328–4,303

For me, the key area is 4,380–4,385. As long as that holds, the short-term structure still looks slightly bullish.

Would you wait for the breakout, or expect another pullback first?

For educational purposes only. Not financial advice.