Gold begins the week trading in a narrow consolidation after last week’s rally lost momentum near the 4,200 resistance. The market is now entering a wait-and-see mode as institutional traders position ahead of several high-impact U.S. events.
This week’s primary catalysts include:
FOMC Meeting Minutes ā Investors will look for clues on the Fed’s rate path.
Fed Speakers ā Any hawkish comments could strengthen the USD and pressure Gold.
Initial Jobless Claims ā A weaker labor market would support expectations for policy easing.
10-Year Treasury Yield & DXY ā Both remain key drivers for intraday Gold volatility.
Overall sentiment remains cautiously bullish, but traders are waiting for fresh macro confirmation before committing to a breakout.
Key Levels
Buy-Side Liquidity
4,145 ā 4,155 (FVG)
Compression Resistance
Descending Trendline
Intraday Support
4,105 ā 4,110
Major Demand
4,075 ā 4,085
Market Scenarios
š¢ Bullish Case
Liquidity sweep into support
Strong bullish displacement
Reclaim FVG
Target 4,180ā4,200 liquidity
š“ Bearish Case
Breakdown below trendline
Sweep toward institutional demand
Accumulation before higher-timeframe recovery
š¬ Will Gold break higher after completing this liquidity compression, or will smart money first engineer a deeper sweep into demand before the next bullish expansion?