Gold fell out of its master value area at 4,358 and has notGoldOANDA:XAUUSDkenkemdayfxXAUUSD — US session read from my KenKem Master Volume Profile (MVP) indicator & strategy. CONTEXT Price is trading near 4,330, below the VWAP and below the 25/100/200 EMA band, which is stacked in bearish order on the lower timeframe. Structurally the master value area now begins overhead at 4,357.85, so price is working the lower half of the local value area rather than inside the dominant one. The net-volume read is mixed between timeframes and volume is light, which is what you would expect ahead of a scheduled US data release. KEY ZONES • Resistance / supply: 4,341.7, then the point of control at 4,346.8, then 4,357.9 (master value area low) and 4,362.95 (value area high) • Support / demand: 4,330.6, then 4,327.5, then 4,322 • Point of Control (volume magnet): 4,346.79, currently reading as absorbed rather than defended • Local value area low: 4,308.25 SCENARIOS (to watch — NOT signals) Bullish: reclaim 4,337 on a closing basis → room toward 4,346.8 then 4,357.9 (the magnet sits above and an absorbed node tends to break rather than reject). Bearish: lose 4,327.5 on a close → opens 4,322 then the 4,308.25 value area low (thin traded volume underneath). Range/unclear: stuck between 4,330 and 4,337 → stand aside until a decisive close. Invalidation: a close back above 4,345, at the point of control, voids this map. WHAT THE MVP TOOL IS SHOWING The Master Volume Profile plots rolling value areas (VAH/VAL), the Point of Control, and a net-volume pressure read to locate where volume is building or drying up. This idea is the qualitative output of that tool; the strategy's internal thresholds, gating and entry/exit logic are not disclosed. Built with the KenKem Master Volume Profile indicator & strategy. Technical analysis only, by KenKem's algorithm — NOT financial advice. Trade your own plan and manage your risk.