GOLD STILL LACKS BREAKOUT MOMENTUM, HOW WILL WEEK END?

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#XAU/USD# GOLD STILL LACKS BREAKOUT MOMENTUM, HOW WILL WEEK END?

Ahead of the weekly close, gold remains in a short-term recovery phase after rebounding from trendline support. However, price is approaching the 4136–4141 resistance area, where previous supply and intraday liquidity are concentrated.

The US session could bring increased volatility as traders position themselves before the weekly candle closes. A rejection from resistance would favor a continuation of the broader bearish trend, while a confirmed breakout may extend the recovery toward the next liquidity zone.

☑️ Primary Scenario – Sell From Resistance

Watch the 4136–4141 resistance zone for bearish confirmation.
Rejection from resistance or the FVG area favors new short opportunities.
Target 1: 4085
Target 2: 4050

☑️ Alternative Scenario – Bullish Breakout

A strong H1 close above 4141 shifts short-term momentum higher.
Gold may extend toward the 4160–4170 liquidity zone before sellers reappear.

Resistance Zone
4136 – 4141

Major Supply Zone
4160 – 4170

Nearest Support
4080 – 4085

Session Bias

🔴 Bearish Scalping

As long as gold remains below the 4136–4141 resistance area, rallies are still viewed as opportunities to position with the prevailing bearish trend. The weekly close is likely to provide the next directional confirmation.

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