GOLD BUY & SELL ZONES β€” AUGUST 31 (MONDAY)

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GOLD BUY & SELL ZONES β€” AUGUST 31 (MONDAY)GOLD (US$/OZ)TVC:GOLDlikrisGold closed the week with a sharp bearish move and is now sitting near a key decision area around 4450. For Monday, the focus is simple: wait for confirmation at the marked levels rather than trading the middle of the range. 🟒 Bullish Scenario A sustained break and hold above 4580–4582 would signal bullish continuation, opening the way toward: * 4604 * 4626 * 4655 ⚠️ The 4550–4565 area remains a strong bearish order block, so expect potential rejection if price retraces into this zone. πŸ”΄ Bearish Scenario A clean break and acceptance below 4450 would favor further downside toward: * 4435 * 4420 * 4400 If selling accelerates, the larger 4360–4370 BUY ZONE becomes an area of interest for potential reaction. πŸ“Œ Key Levels for Monday * 4580–4582: Bullish breakout trigger * 4550–4565: Strong bearish order block / resistance * 4450: Key breakdown level * 4435 / 4420 / 4400: Bearish targets * 4360–4370: Major buy zone * 4604 / 4626 / 4655: Bullish targets My approach The bias is currently bearish below 4580, but I won’t chase shorts at support. The best setups are either: Break above 4580–4582 β†’ look for BUY confirmation or Break below 4450 β†’ look for SELL confirmation Not financial advice. Trade with proper risk management. #XAUUSD #Gold #GoldTrading #PriceAction #TradingIdeas #Forex #SupportResistance #SmartMoneyConcepts