Gold continues to respect the broader bearish structure after facing strong rejection from the major descending trendline resistance near **4580–4600**. This area has once again proven to be a significant supply zone, preventing buyers from gaining control and keeping the market under pressure.


From a technical perspective, gold remains trapped below key trendline resistance, while recent price action suggests the market is attempting to build a short-term base above the **4330–4350 liquidity zone**. Holding this area could trigger corrective rebounds, but the broader trend remains cautious until higher resistance levels are reclaimed.The major driver this week is likely to be geopolitics.** Ongoing uncertainty surrounding global conflicts, particularly developments related to US-Iran relations and broader Middle East tensions, continues to create sharp swings in safe-haven flows. Headlines can quickly shift market sentiment, making gold highly sensitive to any escalation or signs of diplomatic progress.


With geopolitical conditions remaining vulnerable and several key economic events scheduled throughout the week, traders should prepare for **larger-than-normal volatility and significant directional moves.


Key Levels


Major Resistance: 4580 – 4600Immediate Resistance: 4525 – 4540Support Zone: 4330 – 4350Bias: Bearish below 4580, while short-term rebounds remain possible from liquidity support.


Bottom Line: Gold is at a critical juncture. The rejection from 4600 keeps the broader bearish structure intact, but geopolitical developments could be the deciding factor for the next major move. This week is likely to be driven as much by headlines as by technical levels.


Risk management and capital safety is the first priority, profits are second.