Gold testing a major decision zone
Gold futures are pressing into a key supply region I've been tracking. Here's what I'm watching for confirmation of exhaustion.
Gold at a critical inflection point 📈
I've had my eyes on the 3989–3995 zone for a while now. This isn't just any resistance — it's a cluster of prior swing highs and a volume-weighted supply level that has repeatedly rejected price in intraday timeframes. For me, this is the line in the sand for the next move.
When a market approaches such a well-defined zone, patience is key. I'm not jumping in without seeing a clear reaction — either a decisive close above with follow-through, or a bearish reversal pattern forming right at the zone. The latter would confirm sellers are still in control at these levels.
My bias here is cautiously bearish as long as price respects that supply. I want to see failed breakouts or momentum divergences before committing. But if gold slices through and holds, that would force me to step aside and reassess. Use the zone as your compass, not your trigger.

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