GOLD 27/02 | CHART H4 | REQUIRES A STRONG DROP FOR NEW DIRECTIONGoldOANDA:XAUUSDLucasGrayTradingGold continues to move sideways within a narrow range, indicating that the market is accumulating liquidity rather than forming a new trend. The larger structure remains unchanged, but the current compression zone is approaching a decisive area – where a breakout could trigger significant volatility. In terms of the macroeconomic context, the market is still waiting for U.S. economic data and statements related to Trump as well as developments in U.S.–Iran negotiations. The USD lacks a clear driver to lead the trend, while geopolitical factors are not tense enough to trigger strong defensive flows into gold. Current news does not create a trend – but when a catalyst appears, the reaction at the price zone will be the determining factor. On the H4 chart, gold maintains an HH–HL upward structure and moves between the demand trendline and the supply trendline. There is no bearish BOS on the larger frame. However, H1 shows that the price is tightly squeezed below the 5230–5250 zone – a confluence of the supply trendline, liquidity above, and short-term premium. Meanwhile, the 5000–5050 demand (confluence of Fibo 0.5–0.618) still serves as the main support base. The break of the short-term upward trendline is not enough to confirm a reversal, but it shows that the upward momentum is weakening. Main scenario: if H1 closes firmly above 5250 and maintains structure after sweeping liquidity, gold could expand to 5320–5400 – the next large frame supply zone. Conversely, if it closes below 5000 and confirms a bearish BOS, the H4 structure will begin to weaken with a target of 4930–4840. Current bias: H1: Neutral – waiting for a breakout of the compression zone. H4: Bullish as long as above 5000. Sideways movement is not random – it is a positioning process before major volatility. Follow to update perspectives from macroeconomics to detailed cash flow structure and confluence zones daily, helping you trade based on confirmation rather than intuition.