Gold stabilizes after last week's sharp selloff as traders continue to digest stronger US labor data and a resilient Dollar. Following the latest Non-Farm Payrolls report, markets have pushed back expectations for aggressive Fed rate cuts, keeping US Treasury yields elevated and limiting upside for non-yielding assets like Gold.

This week, attention shifts toward upcoming US ISM Services PMI, Fed commentary, and inflation expectations, which could determine whether Gold extends its recovery or resumes the broader correction.

From a Smart Money perspective, institutions appear to be waiting for fresh macro catalysts before committing to the next directional move.

📊 H1 Technical Analysis

The H1 chart continues to respect a larger corrective structure despite recovering from the recent liquidity sweep near 4,020.

Price has successfully defended the H1 demand zone and is now attempting to build higher lows. However, buyers still face an important obstacle around the 4,075–4,080 Fair Value Gap (FVG) before any sustained bullish continuation can develop.

The recent impulsive bounce suggests demand remains active, but the market has yet to confirm a bullish Break of Structure (BOS). Until that happens, the current move should be viewed as a retracement within a broader corrective phase.

🔑 Key Levels
Resistance
4,075–4,080 (M30/H1 FVG)
4,118–4,125 (HTF Supply Zone)
4,160+ (External Buy-side Liquidity)

Support
4,020–4,015 (Institutional Demand)
4,000 Psychological Level
3,980 HTF Demand

Gold is trading between institutional demand and overhead imbalance.
Rather than chasing price, traders should focus on confirmation around the Fair Value Gap. A successful reclaim could trigger the next impulsive expansion, while rejection would likely produce another liquidity sweep into demand.
Patience remains the highest-probability strategy ahead of this week's macro catalysts.
💬 Is Gold building an accumulation range before attacking $4,120, or will sellers force one final sweep back to demand first?