Gold at Critical Support – Will It Hold or Break?Micro Gold FuturesCOMEX_MINI:MGC1!rayelthedonGold remains under bearish pressure after rejecting the 1h resistance zone around 5130–5140. Price attempted to push into this area but failed to hold above it, leading to a continuation move lower. The rejection confirmed sellers defending that resistance. Following this rejection, price continued to form lower highs and lower lows, maintaining short-term bearish structure. The selloff has now driven price directly into the previous week’s low, which aligns closely with a 4h support zone around the 5005 region. This creates a key confluence area where liquidity and higher-timeframe support meet. At the moment, price is reacting inside this support zone. If buyers manage to defend this area, a relief bounce could occur with potential targets back toward the 1H FVG and possibly a retest of the 1h resistance above. However, if price fails to hold this level and breaks cleanly below the previous week’s low, it would signal continuation of the bearish momentum as liquidity below the level is taken. For now, the focus remains on how price behaves at this 4h support and previous week low, as this area will likely determine whether gold produces a short-term bounce or continues its current bearish expansion. Thanks for reading. If you found this helpful, like and follow for more analysis.