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- The Setup Most Traders Will Miss This Week
The Setup Most Traders Will Miss This Week
Markets are moving fast, but the best trades aren’t always the obvious ones.
I’m watching key support/resistance zones, breakout confirmations, and liquidity moves before taking a position.Gold is consolidating near $4,394 after recovering strongly from the $4,320 area. The 4H structure remains constructive, but price is facing a major resistance zone around $4,400–$4,440.
Resistance: $4,400 → $4,440–$4,450Support: $4,360 → $4,320Bullish scenario: A sustained break above $4,440 could open the way toward $4,480–$4,520.Bearish scenario: A break below $4,360 may trigger a deeper pullback toward $4,320–$4,280.Weekly bias: Range-bound to mildly bullish above $4,360.The Fed minutes this week could bring additional volatility, while higher Treasury yields remain a key risk for gold.