Gold is trading around 4283 and continues to respect the 4275 pivot, keeping the short-term trend mildly bullish. Price stability above the 4280–4275 zone signals continued dip-buying interest, with buyers aiming for higher resistance levels.
Key Levels to Watch:
- Resistance: 4300 / 4325 / 4350
- Support: 4260 / 4240 / 4215
Bullish Scenario:
As long as price holds above 4275, buy-on-dip strategies remain valid. Sustained trade above this level opens the path toward 4300, followed by 4325.
Bearish Risk:
Momentum weakens only on a sustained break below 4260, which could drag prices toward 4240.
Intraday Strategy:
Buy dips near 4270–4260, keeping a protective stop below 4245, and target 4300 / 4325. Shorts are preferred only if price accepts below 4260.
Bottom Line:
Trend remains constructive above 4275. Bulls stay in control unless 4260 breaks decisively.
For clean levels, bias clarity, and actionable intraday setups…
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