GOLD Price Update – Clean & Clear Explanation
Gold is preparing for a high-impact NFP session with strong bullish momentum building after a successful recovery from the lower demand area. Price has respected the important support zone and continues to form a healthy bullish structure with higher highs and higher lows, showing that buyers are stepping back into the market.
The current price action is moving toward a major resistance zone around 4315–4320, where we can expect a battle between buyers and sellers. During NFP, volatility can increase rapidly, creating strong movements, fake breakouts, and liquidity sweeps before the real direction appears.
BULLISH CONTINUATION PLAN:
Upside Targets:
TP1: 4350
TP2: 4380
As long as Gold remains protected above the major support zone 4280–4265, the bullish scenario stays active. Buyers are looking for a confirmed breakout above the resistance area, which could open the door for the next expansion move.
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