- December 18, 2025
- Posted by: EWGFX
- Category: Technical analysis
Price is trading around 4,334, holding above the recent breakout zone / prior resistance.
The market shows a higher-low structure, indicating short-term bullish momentum.
Consolidation just above resistance suggests bullish continuation rather than rejection.
Key Levels
Immediate Support: 4,315 – 4,320 (previous resistance turned support)
Intraday Support: 4,300
Resistance / Target Zone: 4,425 – 4,435
Extended Resistance: 4,460+
Bias
Bullish above 4,320
As long as price holds above the former resistance, buyers remain in control.
Trade Idea (Based on Chart)
Buy on pullbacks above 4,320
Target: ~4,430 (trade target zone marked)
Invalidation: Clear 2H close below 4,300 would weaken the bullish setup
Conclusion
Gold is respecting the breakout area and building momentum. A sustained hold above support favors a continuation move toward the 4,430 resistance/target zone. Caution only if price falls back below the reclaimed resistance.