Gold sitting at $4,000 support — monthly close matters now.
If we lose $3,950 on the monthly, next stop is $3,600–$3,133 demand zone. That's where buyers might show up. If we hold here and flip bullish on the monthly, recovery's in play — but need confirmation first.
Supply overhead: $5,370–$5,600
Critical line: $3,950
Demand zone: $3,133–$3,600
Fundamentals still long-term bullish — central banks stacking, geopolitics messy, inflation sticky. But rising yields and dollar strength are headwinds right now.
After a run like this, deeper correction is real. Not calling bottoms — watching monthly closes, structure, and how price reacts at demand. If $3,950 breaks, eyes on $3,600–$3,133. If it holds, wait for the flip.
Market doesn't care what we think. It moves on price, structure, liquidity.
If we lose $3,950 on the monthly, next stop is $3,600–$3,133 demand zone. That's where buyers might show up. If we hold here and flip bullish on the monthly, recovery's in play — but need confirmation first.
Supply overhead: $5,370–$5,600
Critical line: $3,950
Demand zone: $3,133–$3,600
Fundamentals still long-term bullish — central banks stacking, geopolitics messy, inflation sticky. But rising yields and dollar strength are headwinds right now.
After a run like this, deeper correction is real. Not calling bottoms — watching monthly closes, structure, and how price reacts at demand. If $3,950 breaks, eyes on $3,600–$3,133. If it holds, wait for the flip.
Market doesn't care what we think. It moves on price, structure, liquidity.