🔍 Price Action
– Failed to make a higher high after retracing into the 4H OTE zone around 3 265-3 285.
– Closed back at 3 325, right at resistance, signaling indecision.
🎯 Key Scenarios
🚀 Bullish Trigger : Hold above 3 325 → builds energy for a breakout up through the supply zone toward 3 365-3 380.
⏳ Further Pullback : Rejection at 3 325 → deeper retrace toward the OTE low (~3 260) before resuming the uptrend.
🌐 Macro Watch
– US inflation prints & Fed speakers this week.
– Geopolitical tensions remain elevated, which could keep safe-haven bids under gold.
✅ Takeaway
Gold is coiling-watch 3 325 as the pivot: failure there means a deeper shakeout; hold means a powerful leg higher !
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.