Gold Bullish Outlook: Pullback Setup Toward 4,742

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Gold Bullish Outlook: Pullback Setup Toward 4,742GOLD (US$/OZ)TVC:GOLDHotMarketNewsGold continues to display a clearly bullish structure on the 1-hour chart. The sequence of rising swing highs and higher lows remains intact, reinforced by several confirmed breaks of structure (BOS). Price is now approaching the previous day’s high (PDH) near 4,634. This area may trigger a temporary correction or a sweep of nearby liquidity before the broader upward trend resumes. Based on the mapped structure, gold could first revisit the support region between 4,572 and 4,600, where buyers may attempt to regain control. If a convincing bullish response develops from that zone, the next expansion could carry price into the 4,680–4,720 premium area. A stronger continuation would bring the extended objective at 4,742 into focus. This outlook uses price action, liquidity behavior, and structural market signals. Avoid entering without confirmation, manage risk carefully, and remember that the identified levels may shift as new market information becomes available.