Gold price heading towards the $4,200 level.Gold vs US Dollar, Spot CFDOANDA:XAUUSDMoon-ForexAcademy1. Market Structure — Bullish Gold maintains a short-term bullish structure, supported by Higher Lows and an ascending trendline from 4,065–4,070. After rejection at 4,215–4,220, price pulled back toward 4,177 to retest support. 2. Key Support & Resistance Resistance: 4,215–4,220; breakout target 4,225–4,230. Support: 4,168–4,173 (trendline confluence); 4,135–4,145; 4,105–4,110; 4,065–4,070 (major demand). 3. Trading Scenarios Bullish: Holding 4,168–4,173 with confirmation could push price toward 4,190 → 4,200 → 4,220. A breakout above 4,220 opens 4,225–4,230. Bearish: A break below 4,168 and the ascending trendline could trigger a decline toward 4,145 → 4,110 → 4,065–4,070. Bias: Bullish while 4,168–4,173 and the ascending trendline hold. -------------- The market is primarily consolidating and moving sideways, attempting to break above the key 4,200 resistance level while awaiting this week's CPI and PPI data. BUY GOLD zone : 4174 - 4171 SL : 4166 TP : 4188 - 4200 - 4217