u/goldflowfx

*Market Structure*

The H1 chart remains bullish overall. Price has produced a sequence of higher highs and higher lows, with several bullish Market Structure Breaks (MSB/BOS) visible during the advance.

However, price is now trading close to the major 4,439–4,440 resistance/liquidity zone.

2. *Resistance*

4,439–4,440 is the key level.If price sweeps 4,439 and immediately closes back below it, however, that would look more like a buy-side liquidity sweep and could initiate a deeper retracement.

Bullish breakout targets:

4,450–4,460 — immediate extension zone

Above that, continuation should be evaluated using fresh H1 structure rather than assuming a fixed target

3. *Support*

the more interesting short-term risk is a liquidity sweep above 4,439 followed by an H1 bearish structure break.

If that happens, I would watch the levels sequentially:

4,439 → 4,360 → 4,332 → 4,305

A break below 4,360 would be significant because it would show that the latest bullish impulse is losing structure.

A sustained break below 4,332 would increase the probability of a deeper retracement toward 4,305, while a break below 4,305 would substantially weaken the current H1 bullish structure.

The chart's drawn downside paths therefore make technical sense as conditional correction scenarios, but they should not be treated as predetermined price paths.

*Final View*

The chart is not bearish yet. The dominant H1 structure remains bullish, but gold is sitting directly beneath a major resistance/liquidity zone around 4,439–4,440.

The key decision point is therefore simple:

Break and hold above 4,439 = bullish continuation.

Sweep 4,439 + bearish structure break = correction.

For me, 4,360 is the key line separating a healthy bullish pullback from a more meaningful H1 correction. Until that level breaks decisively, selling aggressively against the trend carries higher risk.

 Market structure
Overall bias: Bullish, but currently in a correction/consolidation phase.
- The chart shows a clear sequence of higher highs and higher lows from Aug 4 onward.
- Multiple BOS (Break of Structure) events confirm the broader bullish structure.
- Price recently made a major high around 4440–4442, then experienced a sharp rejection.
- The current price around 4388 is still well above the important 4321 support structure level.
- The recent movement around 4350–4390 looks like consolidation after the rejection rather than a confirmed bearish reversal.
The important distinction is that a bearish CHOCH has not yet been convincingly confirmed on this H1 structure.

 Bullish scenario
The stronger setup would be:
Price holds 4350–4360 → breaks 4390/4400 → retests → continues higher.
If that happens, the first major objective is:
4440–4442
A clean H1 breakout and acceptance above 4442 would suggest continuation of the larger bullish trend, with new highs becoming the new objective.

.
 Bearish scenario
The chart becomes significantly more bearish if price starts breaking the support structure.
The first warning would be:
H1 close below 4350
But the much more important level is:
4321
A decisive H1 break and failed retest of 4321 would substantially weaken the bullish structure.

Key levels need to watch today-:
Major resistance:  4440–4442
Major support:  4321

 Higher-probability setups
Long setup:
4350–4360 holds → bullish reaction → break/retest of 4390 → target 4440+
Short setup:
4350 breaks → weak retest → downside toward 4321.
More aggressive confirmation: 4321 breaks and retests from below → 4285 / 4261.
Invalidation for the broader bullish thesis: sustained H1 price action below 4321, with further confirmation below 4261/4220.
If you are trading this intraday, 4350 and 4321 are the two levels I'd watch most closely, while 4440–4442 is the upside liquidity/resistance target.

Gold is looking strongly bullish on the H1. We’ve got a clear sequence of higher highs/higher lows, multiple BOS/MSB confirmations, and a strong impulsive move into the 4369 area.

That said, price looks pretty extended here, so personally I’d rather wait for a pullback than FOMO into the top.
Bullish setup 🟢

If we get a pullback into 4341–4304 and price gives a bullish reaction/CHOCH + BOS, that would be much more interesting to me for a long.

If buyers manage to break and hold above the recent high, I’d then be watching the 4413+ area for continuation.
Bearish scenario 🔴

If 4369 gets rejected and we start losing 4341, I’d expect a deeper retracement toward 4304.

A clean H1 break below 4304 would make me much more cautious on longs and could open the way toward 4269 / 4223.

But after this kind of expansion, I don't want to buy directly into resistance.

For me, the better risk/reward is:

Wait → pullback → confirmation → long.

Would be interested to hear how others are reading this — continuation or retracement first?

Market Structure: Strong Bullish TrendGold remains firmly bullish after delivering a significant impulsive breakout. Price has broken above previous resistance and confirmed a Market Structure Break (MSB), signaling that buyers remain in full control.

Key resistance for today -: 4195

4119 This level aligns closely with previous market structure and acts as a premium institutional re-entry zone.If buyers defend this area, it could provide an excellent continuation setup toward new highs.

4105 This is the first high-probability support.A retracement into this level would represent a healthy correction while maintaining the bullish trend.

As per my analysis the deepest preferred retracement will be at 4128 before trend continuation. A move into this level would likely sweep liquidity before attracting institutional demand. As long as price remains above this area, the overall bullish structure remains intact.

What you are expecting today ?