BRIAN XAUUSD – GOLD REBUILDS MOMENTUM AFTER PROFIT-TAKING BRIAN XAUUSD – GOLD REBUILDS MOMENTUM AFTER PROFIT-TAKING
Gold has regained upside momentum after a mild pullback from profit-taking, following the recent 10-week high around 4,435. The market is still supported by the same fundamental story: US-Iran negotiations remain stuck, Hormuz reopening is still uncertain, and fresh attacks involving US-linked vessels and Iran-backed Houthi forces keep oil prices elevated.
Higher oil keeps inflation concerns alive, but buyers are not stepping away from gold. The reason is simple: after the weak July NFP report, traders are still hoping for a softer US inflation print, which could reduce expectations for another Fed rate hike in September.
So the chart is now showing a clear question:
Is gold only pausing after the rally, or preparing for another push into higher liquidity?
Technical structure
On the H1 chart, gold is still trading in a bullish recovery structure after reclaiming value from the lower Volume Profile base.
Price is currently around 4,387, above the main Buy zone POC at 4,347. This zone is the most important support for the current bullish structure. As long as gold holds above this level, buyers still have control.
Below that, the deeper Buy zone VAL around 4,310 is the larger value support. If price pulls back harder, this is the area where buyers may reload again.
Above current price, the weekly high at 4,435 is the first major upside test. If buyers break through that level with strong acceptance, gold can extend towards the Target zone around 4,460 - 4,470.
Important zones
Buy zone POC: 4,347
Main value support and preferred buy-reaction area.
Buy zone VAL: 4,310
Deeper support if gold needs a larger correction.
Weekly high: 4,435
First upside resistance and breakout level.
Target zone: 4,460 - 4,470
Next liquidity target if buyers continue momentum.
Trading scenario
Buy reaction from Buy zone POC 4,347
Entry:
Look for buy positions only if price pulls back into 4,340 - 4,350 and shows clear bullish rejection.
Stop Loss:
Below the Buy zone POC or below the local pullback structure.
Take Profit:
TP1: 4,400
TP2: 4,435
TP3: 4,460 - 4,470 if buyers break the weekly high
This setup follows the current bullish value shift, but avoids chasing gold after the strong rebound.
Final view
Gold remains supported while price stays above 4,347.
The bullish structure is still alive, but the next confirmation comes from whether buyers can break the weekly high at 4,435.
If 4,347 holds, gold can continue towards 4,435 and possibly 4,460 - 4,470.
If 4,347 fails, the market may need a deeper reset towards 4,310 before the next clean reaction.
For now, the plan is simple: wait for value, watch the pullback, and follow the reaction.
Gold is bullish, but the best entry still comes from patience.
Volumprofile
BRIAN XAUUSD – GOLD BREAKS TRENDLINE, BUT THE REAL TEST IS AHEADBRIAN XAUUSD – GOLD BREAKS TRENDLINE, BUT THE REAL TEST IS AHEAD
Gold is trading around the 4,070 area after a slight pullback during the Asian session. The market is still waiting for clearer direction as traders watch US-Iran negotiations, the possibility of a temporary deal to reopen the Hormuz Strait, and the US July employment data later this week.
From a macro view, gold is caught between two opposite forces. Any progress in US-Iran talks can reduce safe-haven demand, while weak US jobs data could pressure the dollar and support gold again. This makes the current price action very sensitive to liquidity zones.
Technical structure
On the H1 chart, gold has broken above the descending trendline, which is the first sign that sellers are losing short-term control.
Price is now trading above the previous support structure and moving inside a recovery phase. However, gold is approaching the upper resistance area, so this is not the best place to chase buy blindly.
The main buy area is the Buy POC around 4,085 - 4,095. If price pulls back into this zone and holds, buyers can build another push higher.
Below that, the Support confirm sell zone around 4,060 - 4,065 is the key line to watch. If gold breaks below this area, the recovery structure becomes weaker.
Important zones
Support confirm sell: 4,060 - 4,065
Key support. If lost, short-term bullish pressure weakens.
Buy POC: 4,085 - 4,095
Main buy reaction zone if price pulls back and holds.
Short-term resistance: 4,107
First resistance and intraday reaction level.
Upper resistance: 4,127 - 4,130
Next upside target if buyers continue to control the structure.
Major resistance: 4,160 - 4,165
Higher liquidity zone if momentum expands strongly.
Trading scenario
Buy reaction from Buy POC 4,085 - 4,095
Entry:
Look for buy positions only if price pulls back into 4,085 - 4,095 and shows clear bullish rejection.
Stop Loss:
Below the Buy POC or below the local support structure.
Take Profit:
TP1: 4,107
TP2: 4,127 - 4,130
TP3: 4,160 - 4,165 if buyers keep momentum
This setup follows the current trendline breakout and uses the Volume Profile support as the main buy-reaction area.
Final view
Gold is showing a better recovery structure after breaking the downtrend line, but the market is not risk-free.
The key is whether buyers can defend the Buy POC zone. If gold holds above 4,085 - 4,095, the next push towards 4,127 and possibly 4,160 remains possible.
If price loses 4,060 - 4,065, the breakout becomes weak and sellers may regain pressure.
For now, I prefer waiting for a pullback into value instead of chasing price near resistance.
Breakout is important.
But acceptance above value is what confirms the move.
Would you buy the POC retest, or wait for gold to clear 4,130 first?
BRIAN XAUUSD – GOLD TRAPPED AROUND 4,050 BEFORE JOLTS BRIAN XAUUSD – GOLD TRAPPED AROUND 4,050 BEFORE JOLTS
Gold is moving around the 4,050 area during the Asian session, but the market still lacks clear momentum. Price is trying to bounce after two weak sessions, yet the recovery is still limited while XAUUSD trades near the 21-day SMA around 4,060.
From a macro view, the US dollar remains supported by overnight recovery momentum. US-Iran risk, Fed concerns, and solid ISM PMI data are keeping the market cautious. Traders are now waiting for US labour data later this week, with JOLTS job openings being the first important release.
The key message is simple: gold is trying to recover, but sellers have not lost control yet.
Technical structure
On the H1 chart, gold has reacted from the lower Buy zone POC around 4,036 and is now holding above the short-term VAH area near 4,050.
This is a small improvement for buyers, but not enough to confirm a clean bullish continuation.
The next important test is around 4,076 - 4,080. This is the VAL reaction area marked on the chart. If gold breaks and accepts above this zone, the recovery can extend towards the Sell zone POC around 4,104.
However, if price fails to hold above 4,050 and loses the current value base, gold can rotate back towards the Buy zone POC at 4,036.
Important zones
Buy zone POC: 4,036
Main lower value support and buyer reaction base.
VAH reaction area: 4,050 - 4,055
Current short-term support where price is trying to hold.
VAL reaction / first resistance: 4,076 - 4,080
Key upside test if buyers continue the rebound.
Sell zone POC: 4,104
Main upper resistance and likely seller defence zone.
21-day SMA area: 4,060
Technical pressure area where gold is still struggling.
Trading scenario
Buy reaction from Buy zone POC 4,036
Entry:
Look for buy positions only if price pulls back into 4,036 - 4,040 and shows clear bullish rejection.
Stop Loss:
Below the Buy zone POC or below the local sweep low.
Take Profit:
TP1: 4,060
TP2: 4,076 - 4,080
TP3: 4,104 only if buyers reclaim value with strength
This setup is based on a controlled reaction from lower value. It is not a blind bullish reversal call. Gold still needs acceptance above 4,076 to prove that buyers are serious.
Final view
Gold is trying to recover, but the market is still trapped between lower value support and upper POC resistance.
The key area now is 4,050 - 4,060. If buyers hold above this zone, gold can push towards 4,076 and possibly 4,104.
If price falls back below 4,036, the recovery fails and sellers can regain pressure.
For now, I do not want to chase the middle. I want to see whether gold can hold value before JOLTS.
Is this the start of a real recovery, or only another weak bounce before sellers return?


