Gold remains technically constructive, holding above the critical $4,300–$4,310 zone. This area acts as a psychological and dynamic support, aligning with the 100-hour moving average and prior pivot levels. As long as price holds above this region, the broader bullish structure remains intact.
Below this, $4,270–$4,280 serves as the next short-term support where buyers have previously stepped in. A deeper pullback could expose $4,250–$4,260, which would be considered a healthy correction rather than a trend reversal.
On the upside, immediate resistance lies near $4,330–$4,335, a zone that often attracts supply. A sustained break above this area opens the path toward $4,350–$4,355, a major near-term resistance from recent highs. Beyond that, $4,380–$4,382 marks the multi-week and near all-time high zone — a key structural target if bullish momentum continues.
For traders, patience around these levels is crucial. Reactions matter more than predictions in the current environment.
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