**GC Notes from Recent High Frame Price action 4/19-4/20**Gold Futures (Jun 2026)COMEX:GCM2026EthicalxTrader**GC Notes from Recent High Frame Price action 4/19-4/20** * GC is currently trading around **4,880**, continuing its **strong recovery off the 4,128 low** and maintaining a clear **bullish reversal structure**. * The inverse head and shoulders structure has now **fully played out**, with price holding above the neckline and continuing to grind higher. * Price is now pressing into a **major resistance zone around 4,900 – 5,065**, which has historically acted as supply. * The prior **descending trendline has been broken**, confirming a shift from bearish pressure into **bullish continuation potential**. * This move higher has been **steady and controlled**, not overly extended — which is constructive for continuation. * With ongoing geopolitical tension, gold remains highly reactive as a **safe haven asset**, meaning: * potential for strong continuation spikes * but also sharp pullbacks on sentiment shifts Overall structure remains **bullish, but now testing a major resistance zone**. **Levels I’ve been tracking** * **5,380+**: Extended upside target * **5,265**: Next major upside target * **5,065**: Major breakout level * **4,900 – 4,908**: Current resistance zone * **4,880**: Current reaction area * **4,813**: First support * **4,734**: Key support zone * **4,645 – 4,629**: Strong demand zone * **4,548**: Deeper pullback level **Volume and behavior notes** * Volume has remained elevated during the move up, confirming **sustained buyer participation**. * Structure is now **higher lows and higher highs**, supporting a bullish continuation thesis. * Price is entering a **decision zone at resistance**, where: * breakout = continuation * rejection = healthy pullback * Gold can move aggressively with macro catalysts, so expect: * fast expansions * quick reversals * Holding above **4,813** keeps the bullish structure intact. * A clean break and hold above **4,908** likely opens continuation toward **5,065 → 5,265 → 5,380+**. * A rejection and loss of **4,813** likely rotates price back toward **4,734 → 4,645 → 4,548**. **Overall read from my notes** GC remains **bullish with a strong recovery structure**, but is now testing a **major resistance zone near 4,900 – 5,065**. The key range is: **4,813 → 4,908** Break and hold above → continuation toward **5,065+** Reject and lose support → pullback toward the **4,700s before continuation** Going into the overnight session, this is a **decision zone with high volatility potential driven by macro and geopolitical factors**.