⬤ Gold keeps pushing higher on the 4-hour chart, showing no signs of losing steam. The price is steadily working its way toward $4,750, backed by a series of sharp upward moves followed by brief pauses. The structure looks clean—strong impulses up, shallow pullbacks, then more buying. It's the kind of price action that tells you buyers are still in control.
⬤ After breaking past resistance around $4,600, gold hasn't looked back. Each time the price consolidates, it doesn't drop far before another wave of buying lifts it higher. Former resistance levels are now acting as floor support, which is exactly what you want to see in a healthy uptrend. The bulls are holding their ground and defending every inch of progress.
Gold is pressing higher with the $4,750 level drawing closer, while the broader trend shows little sign of slowing.
⬤ The focus now shifts to three key support zones: $4,640, $4,600, and $4,550. These aren't random numbers—they line up with previous consolidation areas and breakout points where the market has shown reactions before. If gold dips to any of these levels, traders will be watching closely to see if buyers step in again. As long as these zones hold, the uptrend stays intact and continuation remains the name of the game heading into $4,750.
Saad Ullah
Saad Ullah