FOMO IS RISING — GOLD FACES A CRITICAL 4670–4710 RESISTANCE

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FOMO IS RISING — GOLD FACES A CRITICAL 4670–4710 RESISTANCEGoldOANDA:XAUUSDLucasGrayTradingGold enters the new week with strong bullish momentum as the market continues to price in expectations of a softer USD and a more supportive monetary-policy environment. However, the speed of the recent advance is also creating a FOMO-driven market, increasing the probability of short-term profit-taking if fresh capital fails to follow through. The key question is no longer whether Gold can rally — it is whether institutional money is willing to continue buying at these elevated levels. Any renewed weakness in the USD and Treasury yields could support another breakout, while a recovery in yields or a stronger USD could trigger a deeper correction. Technical Structure On the Daily timeframe, Gold has repeatedly broken previous resistance levels and is now approaching a major Demand + Fibonacci 0.786 zone around 4670–4710. This is the key resistance area for the new week. Below price, the 4500–4530 Support + Fibo zone and 4390–4420 Support + FVG zone become the main areas to monitor if the rally enters a correction. Bullish Scenario A decisive Daily breakout and close above 4670–4710 would confirm that buyers are still in control and could open the way toward the previous Strong High around 4890. Bearish Scenario — Correction Risk If Gold is rejected from 4670–4710, especially after the recent aggressive rally, profit-taking could accelerate toward 4500–4530. A deeper break would expose 4390–4420, where buyers need to defend the broader bullish structure. Lucas View Gold is currently at a critical decision point. The trend remains bullish, but the acceleration is creating significant FOMO and increasing the risk of chasing the top. Do not chase momentum. Wait for price action around the key zone. 4670–4710 → breakout or rejection. Above → bullish continuation. Rejection → correction toward 4500–4530. 📌 Bias: Bullish structure — WAIT FOR CONFIRMATION AT KEY RESISTANCE.