Gold prices rose and recovered above 4100.

Jul 2

📈 1. Trend & Market Structure

Current Trend: Bullish Recovery

Gold remains in recovery after rebounding from the 3,960 area.

Price is holding above EMA89 (~4,034).
EMA9 (~4,051) is above EMA89 and trending higher, confirming strengthening bullish momentum.
A Higher Low structure is intact, showing buyers remain in control.
The 4,095–4,115 zone is the next major resistance and potential liquidity area.

👉 Bias: Bullish. Buying on pullbacks remains the preferred strategy.

📊 2. Price Action Analysis

Gold rebounded from the 4,030–4,035 support zone (EMA89 + 0.5 Fibonacci) and has recovered toward 4,060.

As long as price holds above 4,030–4,035, the recovery is likely to extend toward 4,095–4,100, with 4,110–4,115 as the next upside target.

📍 Key Levels

🔴 Resistance

4,095–4,100
4,110–4,115 (Liquidity Zone)

🔵 Support

4,050–4,055
4,030–4,035
4,015–4,020

BUY GOLD: 4030 – 4033

SL: 4025

TP: 4045 – 4066 – 4090

Jul 2

Trade active

Continuing the upward trend, heading above 4070.