Market Structure

The short-term market structure is bullish. Higher highs and higher lows have formed following the breakout, indicating that buyers remain in control while the price trades above the newly established support.

Key Resistance

First Resistance: 4,280–4,300
This is the recent swing high where buyers may encounter initial profit-taking.

Second Resistance: 4,330–4,350
A sustained breakout above this zone would confirm the continuation of the broader bullish trend.

Key Support

First Support: 4,230–4,240
The recent breakout level has become the first support. Holding above this area would keep bullish momentum intact.

Second Support: 4,180–4,200
If a deeper pullback develops, this zone is expected to attract renewed buying interest.

Market Sentiment

Market sentiment remains bullish.

The recent breakout reflects strong buying interest and improving momentum. While short-term consolidation is possible after the sharp rally, buyers remain in control unless key support levels are broken.

Please share your view below:

Will Gold continue its breakout and challenge new highs? Or will sellers trigger a healthy pullback before the next bullish leg?

More market structure and key level updates will be shared regularly.