Gold breaks key Support levelMicro Gold FuturesCOMEX_MINI:MGC1!rayelthedon1H Support Break – Shift in Short-Term Momentum Gold recently broke a key 1-hour support level around 5142. This level had previously acted as a base for price, but once it was broken, the market showed strong bearish momentum. A support break like this often signals that buyers have lost short-term control. Once price moved below this level, it confirmed that sellers were beginning to dominate the intraday structure. What makes this move significant is the strength of the bearish push following the break, indicating aggressive selling pressure rather than a simple liquidity sweep. Supply Zone After breaking the 1H support, price created a supply zone above the broken level. This supply zone could be where price reacts if the support flip fails to hold. A support flip is when support has been broken and has now flipped into resistance. 1H Resistance Above Above the supply zone sits a higher 1-hour resistance zone around the 5200–5215 region. This area represents a stronger ceiling for price and would likely require significant bullish momentum to break. If price were to reclaim the supply zone and push higher, this 1H resistance would become the next key target where sellers may step back into the market. Until that happens, the current structure still favors downside pressure. Downside Target – Daily Demand Below current price sits a major demand zone on the higher timeframe. This demand area has not yet been revisited during the latest sell-off and therefore becomes the most logical target for price if bearish momentum continues. Demand zones often attract buyers because they represent areas where institutions previously accumulated positions. If price reaches this zone, we could see: A strong reaction from buyers Potential consolidation as price has already tapped into that demand zone Or a reversal depending on the strength of the reaction which has a low probability Final Outlook As long as price remains below the broken 1H support and inside the supply structure, bearish pressure remains dominant. The most probable path in the short term is continuation toward the higher-timeframe demand zone below. However, if buyers manage to reclaim the supply zone and push back above resistance, the bearish narrative would weaken and the market could attempt a move back toward the upper resistance levels. For now, the key levels to watch are the supply zone above and the demand zone below.