Gold is trading around 4331, maintaining a mildly bullish structure while holding above the 4310 pivot level. Price action suggests cautious optimism, with buyers still active on dips, though upside momentum may slow near resistance zones.
On the upside, 4348 and 4365 remain key intraday resistance levels. A sustained breakout above 4388 would signal fresh bullish momentum and continuation toward higher highs.
On the downside, 4310 is the level to watch closely. A break and hold below this pivot could weaken the bullish bias and expose 4292, followed by 4268 as the next support zones.
For intraday traders, the strategy remains simple: buy dips above 4310, respect stop-losses, and avoid chasing price near resistance. Structure and risk management are key in current conditions.
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