On M30, gold has made a strong recovery from 4,344–4,350, followed by a sequence of higher lows and higher highs, indicating a bullish Price Action structure. Price is now around 4,419 and has recently bounced strongly from the 4,400–4,405 Key Zone, showing that buyers remain active.
Above current price, the 4,432–4,440 Supply Zone is the key area to watch. A clean breakout could open the way toward 4,455–4,476. However, a strong rejection from Supply could bring price back toward 4,400, with deeper support around 4,382–4,390.
Forwarded fromVIP _ Gold Elite Club
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