Gold Holds Bullish Structure With 4,146 in Focus

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Gold Holds Bullish Structure With 4,146 in FocusGold US DollarVANTAGE:XAUUSDMoonMarket_FXGold is still maintaining a bullish higher-timeframe structure after price broke above the 4040 CHoCH level. Following that breakout, the market pushed higher and is now consolidating around 4110, after reacting near the previous swing-high resistance area at 4146. Main Bullish Scenario The key resistance zone remains 4146–4180, which also acts as an H4 supply area. A decisive break above 4146 would strengthen the bullish continuation scenario and could open the way toward the 4180–4200 region. As long as price continues to hold its broader bullish structure, this remains the primary scenario to monitor. Pullback Zones to Watch If Gold enters a corrective move before continuing higher, I would focus on two potential demand areas for possible Buy setups. The first zone is 4030–4050. This area combines an H4 FVG retest with the Fib 0.382 level and may act as short-term support during a relatively shallow retracement. The second and more important zone is 3969–4021. This region represents the main H4 FVG demand block and also aligns with the Fib 0.5–0.705 OTE area. It could become a stronger reaction zone if price makes a deeper correction and fills more of the existing imbalance. Trading Approach The overall bias remains bullish. Rather than chasing price at current levels, I would wait for lower-timeframe confirmation if Gold retraces into either 4030–4050 or 3969–4021. Premature counter-trend Sell setups remain lower priority while the broader structure stays bullish and no clear reversal confirmation appears. Key levels: CHoCH: 4040 Current consolidation: 4110 Resistance / H4 supply: 4146–4180 Upside targets: 4180–4200 Demand zone 1: 4030–4050 Demand zone 2: 3969–4021