XAUUSD (GOLD) – 1H MARKET STRUCTURE ANALYSIS Gold vs US Dollar, Spot CFDOANDA:XAUUSDAUREXFOREX12Gold is currently trading around 4191.360 after recovering from the demand area near 4157. The price has shown a strong bullish move from demand, pushing upward toward the 4195–4200 region. However, price is now approaching a potential supply area, where sellers may attempt to regain control. The key focus is whether buyers can break through the nearby resistance or sellers can reject the price and push it back toward demand. Key Technical Levels Major Resistance: 4210–4217 This zone represents a previous swing-high area where price faced selling pressure. A confirmed breakout above this region could open the door for further bullish continuation. A rejection may lead to a short-term pullback. Supply Zone: 4200–4205 Price is approaching a potential supply zone where bearish pressure could emerge. I will watch the reaction carefully for signs of rejection, weakening bullish momentum, or a possible bearish structure shift. Demand Zone: 4150–4160 This area acted as a reaction zone during the recent decline. Buyers stepped in and pushed the price upward. If price returns to this zone, I will monitor whether demand holds or breaks. Major Support: 4070–4087 This is a broader support area visible on the chart. If the market experiences a deeper correction and breaks below the nearby demand zone, this level becomes an important area to monitor. Liquidity Analysis The recent swing high near 4215–4217 is an important liquidity reference. Price moved into this area before reversing lower, suggesting a possible liquidity sweep. However, a liquidity sweep should be confirmed by the surrounding price action and candle closes. The reaction alone does not guarantee that the market will continue downward. I will also monitor the recent lows around the 4150–4160 demand area for potential liquidity grabs and bullish reactions. Bullish Scenario If buyers maintain control and price breaks above the 4200–4205 supply area, the next important test will be the 4210–4217 resistance zone. A strong 1H candle close above 4217, followed by a successful retest, would provide stronger evidence of bullish continuation. Confirmation to watch: Strong bullish candle close above resistance. Successful retest of the broken level. Bullish market structure confirmation. Sustained buying pressure after the breakout. Bearish Scenario If price fails to break through supply and forms a clear bearish rejection, a pullback toward the 4170–4160 region may develop. If the 4150–4160 demand zone breaks with strong bearish momentum, the market could move toward lower support levels. Confirmation to watch: Clear rejection from supply or resistance. Bearish CHoCH or BOS on the relevant timeframe. Strong bearish candle close below demand. Retest of broken support as resistance. My Trading Plan I am not treating the current price as an automatic buy or sell opportunity. The market is trading between important supply and resistance areas, so confirmation is essential. I will wait for price action to reveal which side is gaining control before considering an entry. A breakout without confirmation or a rejection without a structural shift may produce a false signal. Key levels to monitor: Resistance: 4210–4217 Supply: 4200–4205 Current price: 4191.360 Demand: 4150–4160 Major support: 4070–4087 Like, comment, and share your thoughts on this analysis. Your support is always appreciated!