Gold is currently trading near 4349 on the M5 timeframe. Price has recovered from the 4343–4344 support zone and is now testing the 4349–4351 resistance area.
If buyers manage to break and hold above 4351–4354, further upward movement may develop. On the other hand, rejection from this zone could bring price back toward 4346–4343.
Traders should wait for confirmation before entering a position and use proper risk management.