**GC Notes from Recent High Frame Price action 4/29**Gold Futures (Jun 2026)COMEX:GCM2026EthicalxTrader**GC Notes from Recent High Frame Price action 4/29** * GC is currently trading around **4,557**, continuing to show **weak price action after a clear breakdown in structure**. * Price has now: * Lost the **4,624 → 4,607 → 4,580 support stack** * Failed to reclaim prior support, which is now acting as resistance * Structure has shifted to **lower highs and lower lows**, confirming **short-term bearish control**. * Price is sitting just under a key **rejection zone around 4,580**, which is acting as near-term supply. * Current behavior reflects **continued pressure from sellers with weak bounce attempts**. Overall structure is **bearish with price rejecting into prior support turned resistance**. **Levels I’ve been tracking** * **4,780**: Extended upside recovery level * **4,734 – 4,685**: Reclaim continuation zone * **4,624**: Major reclaim level * **4,607 – 4,580**: Key rejection / supply zone * **4,557**: Current reaction area * **4,548**: Immediate support * **4,522**: Breakdown continuation level * **4,495**: Key support * **4,458 – 4,400**: Major downside target zone **Volume and behavior notes** * Sell-side volume increased on the breakdown, confirming **active distribution and seller control**. * Recent bounce attempts: * Show **weak follow-through** * Lack strong buyer participation * Price is consistently reacting at prior support levels acting as resistance. * Continued rejection below **4,580–4,607** favors downside toward **4,522 → 4,495 → 4,458**. * A stronger reclaim above **4,607 → 4,624** would be the first sign of momentum shifting back toward **4,685 → 4,734 → 4,780**. **Overall read from my notes** GC has shifted into a **short-term bearish structure** after losing key support levels. The key range is: **4,548 → 4,607** Below **4,548** → continuation toward **4,522 → 4,495 → 4,458** Above **4,607** → recovery toward **4,685 → 4,734 → 4,780**