Gold Market Update – XAU/USD
Gold is currently trading near 5127–5142 after a strong bearish move from the 5300 supply zone. The market structure shifted bearish following a Break of Structure (BOS) and Change of Character (ChoCH), confirming increased selling pressure. On the 1H timeframe, the market formed a Double Top patter
- Amychang :Which platform do you usually trade for?
- Katarzyna nowak :I used the MT5 platform and the Bierman Capital broker
Gold Market Update – 1H Timeframe
Gold is compressing between 5181–5200, forming a tight consolidation after a bullish expansion. Structure remains mildly bullish as long as price holds above 5156. 🔼 Above 5200 → Targets 5215 – 5240 🔽 Below 5181 → Supports 5156 – 5130 Compression often leads to volatility expansion — stay alert. �
