From TradingView · · 1m 40s
Gold near 4,067: breakdown or recovery?
Gold tests 4,067 as bearish pressure intensifies.
In brief
Gold tests 4,067 as bearish pressure intensifies. Gold remains bearish below 4,140, 4,156 with 4,067 as key liquidity target for potential recovery. Originally reported by TradingView.
Gold under bearish pressure
Gold remains under bearish pressure as traders assess the Federal Reserve's interest rate outlook and ongoing geopolitical tensions in the Middle East.
Price near 4,090, 4,100
On the H1 chart, XAUUSD has extended its decline toward 4,092 after repeatedly failing to sustain recovery above 4,140, 4,156.
Volume Profile shows weakness
The Fixed Range Volume Profile shows that gold previously established significant trading activity around 4,140, 4,150 but repeated failures have allowed sellers to push price toward lower values.
Key resistance at 4,140, 4,156
The previous value distribution around 4,140 now acts as resistance while 4,156 represents a more important upper-value reference.
Trendline confirms bearish structure
The H1 chart continues to show a sequence of lower highs following rejection from the 4,200, 4,220 region with recent recovery attempts failing to produce sustained bullish momentum.
Sell-side liquidity at 4,067
Sell-side liquidity remains below 4,100 with the major liquidity reference positioned around 4,067.
Trading scenarios
A liquidity sweep into 4,067 followed by strong bullish displacement could indicate renewed buying interest but sustained acceptance below 4,060 would weaken recovery scenarios.
Critical price zones
Current price area: 4,090, 4,100; immediate recovery resistance: 4,120, 4,140; main value resistance: 4,140, 4,156; higher resistance: 4,180, 4,200; major upside reference: 4,204.
Final view
Gold remains bearish on H1 with declining highs and persistent selling pressure keeping price near lower boundary of broader trading range.
At a glance
Gold remains bearish below 4,140, 4,156 with 4,067 as key liquidity target for potential recovery.
