🟡 Gold (XAUUSD) Short-Term Outlook
🔎 Current Structure
Gold has recovered from the recent swing low and is now trading in a short-term bullish correction.
Price is making higher highs & higher lows, but momentum is approaching a supply zone.
📈 Upside Levels (High / Resistance)
If bullish momentum continues, Gold may test:
4,880 – 4,900 → Immediate resistance / intraday supply
4,930 – 4,960 → Strong resistance zone (previous breakdown area)
5,000 (psychological level) → Only if momentum expands strongly
👉 Expected short-term high: 4,900 – 4,950 range
📉 Downside Levels (Pullback / Support)
If price faces rejection from resistance, watch these levels:
4,840 – 4,820 → First intraday support
4,780 – 4,760 → Strong demand zone (buy-side interest)
4,700 – 4,680 → Key structure support (trend invalidation below)
🎯 Short-Term Bias
Bias: Mildly bullish → corrective
Best sell area: Near 4,900 – 4,950 with rejection
Best buy zone (pullback): 4,780 – 4,820
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Katarzyna nowak
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