Breakdown or Breakout – Gold Compression Phase

🔎 Market Context

• Gold is compressing within the 5000 – 5080 range
• Accumulation phase after the previous sharp sell-off
• Volatility is contracting → expansion is likely soon
• CPI & Non-Farm Payrolls are key catalysts

➡ Do not predict direction. Wait for a confirmed breakout.

📌 Strategic Zones

Resistance: 5078–5080 | 5100 | 5148 | 5200 | 5300 | 5345
Support: 5000 | 4980 | 4850 | 4830 | 4600 | 4400

• 5078–5080: Upper boundary of the range
• 5000: Lower boundary of the range
• 4980: Market structure decision level

⚖ Trading Bias

• Above 5080 → Favor upside continuation (Wave C extension)
• Below 4980 → Bullish structure breaks → favor downside
• Inside 5000–5080 → Compression phase, avoid FOMO

⚠ Key Notes

• Major data releases may cause false breakouts
• Wait for candle close confirmation
• Volatility likely to increase → manage risk carefully
• Avoid trading mid-range without clear edge