Gold (MGC) Weekly Outlook | Will Sellers Stay in Control?Micro Gold FuturesCOMEX_MINI:MGC1!DWoodzHeading into a new trading week, I'm trying to stay focused on what price is doing, not what I want it to do. Last week started with strong bullish momentum, but everything changed after Wednesday's New York session. Sellers stepped in aggressively, and by Friday Gold had closed back below the midpoint of the week's expansion. That tells me buyers lost control of the auction at higher prices. On the bigger picture, Gold is still trading below the Monthly Point of Control (POC), which keeps my higher-timeframe bias leaning bearish. However, I'm not interested in chasing shorts into support. My ideal scenario would be a retracement back toward the 4085-4120 area, where we have a 1H Fair Value Gap and previous areas of value. If sellers defend that zone, I'll be looking for confirmation of another move lower. On the other hand, if buyers can reclaim 4120 and hold above it, I'll become much more cautious with any bearish ideas. That would suggest the market may be shifting back toward bullish continuation. Key Levels This Week 🔹 Resistance: 4085-4120 (1H Fair Value Gap) 🔹 Support: Friday's Low 🔹 Major Psychological Level: 4000 Things I'm Watching Month-end order flow and possible portfolio rebalancing. Wednesday's Federal Funds Rate announcement, which is likely to be the biggest volatility event of the week. Whether rallies are accepted above value or rejected back into the recent downtrend. I'm not trying to predict exactly where Gold will finish this week. My goal is to identify where buyers or sellers become aggressive and let the market confirm the next move. Trade the reaction, not the prediction. #Gold #MGC #Futures #PriceAction #OrderFlow #TradingView #MarketStructure #FairValueGap #COMEX #DayTrading #NOFOMOTrading