Gold Next Week: 4,558 Could Decide the Next Major MoveGoldOANDA:XAUUSDNick_TitanInsightGold enters next week with one clear advantage: momentum is still on the buyers' side. The H4 chart has produced a strong sequence of higher highs and higher lows, while price remains above the rising trendline and Ichimoku cloud. The latest rally pushed Gold beyond 4,600, but after such a fast expansion, I would not be surprised to see the market cool down before attempting another leg higher. My focus for next week is 4,558. 📍 BASE CASE — PULLBACK, THEN CONTINUATION I expect early profit-taking to potentially drag Gold back toward 4,558–4,575. That would not automatically be bearish. If this region absorbs the selling pressure and Gold starts recovering, I see it as a continuation opportunity. BUY: 4,560–4,575 SL: 4,525 TP1: 4,620 TP2: 4,667 TP3: 4,700 The key objective is 4,667. A break there would confirm that buyers are still capable of extending the H4 trend and could expose the psychological 4,700 area next. 📍 ALTERNATIVE — THE CORRECTION GETS DEEPER My bullish weekly view changes if 4,558 fails decisively. An H4 close below this level would suggest that the current rally needs a larger reset. In that case, I would look for a weak recovery toward the broken level before considering shorts. SELL: 4,545–4,558 SL: 4,590 TP1: 4,500 TP2: 4,450 TP3: 4,400 This would be a correction against the larger trend, not necessarily the beginning of a full bearish reversal. 🎯 THE WEEKLY ROADMAP 4,667 = upside objective 4,558 = weekly pivot 4,500 = first downside checkpoint 4,400 = deeper correction target 4,230–4,258 = major H4 structural support My expectation for next week is therefore not a straight-line rally. I would actually prefer to see Gold retrace first. A healthy defense of 4,558 could provide the fuel for 4,667–4,700. Lose 4,558, however, and next week may become a correction week before buyers get another chance. The first reaction around 4,558 should tell us which story Gold wants to trade.