GOLD MARKET UPDATE, EVERYONE!
Gold is currently moving within an Ascending Range Channel, forming Higher Highs and Higher Lows, suggesting that buyers are maintaining short-term recovery momentum.
However, selling pressure remains around 4020–4025, with the Volume Profile showing significant trading activity in the current price area.
🎯 BULLISH BREAKOUT WATCH: 4035–4038
Over the next 1–2 H4 candles, Gold may continue consolidating within 3997–4020 before potentially moving higher to retest 4035–4038, provided buyers confirm a successful breakout.
⚠️ Stay patient and wait for confirmation before entering. No chasing the price!
