XAUUSD: Stuck Above 4,000, Just Waiting for the Next Drop

[mendez]

The current context shows gold being “squeezed” between two forces: on one side, improving risk appetite as markets expect the Fed to cut rates; on the other, ongoing geopolitical and global financial concerns. As a result, price is holding above 4,000 but finding it hard to break higher.

On the H1 chart, XAUUSD is moving sideways with a slight downside tilt, spending most of the time inside or below the Ichimoku cloud. The latest bounce only reached the 4,100 area before being sold off again, showing that the cloud and the top of the channel are still acting as a lid on the downtrend. In the middle of the range, price is hovering around the temporary support at 4,050 – which is also the level highlighted on the chart as a potential breakdown point.

Trading idea: if price fails to hold 4,100 and we get a clear H1 close confirming weakness, the intraday bearish trend could resume and drag gold back toward the 4,050 zone.

Good luck and trade safe!

[Nahid Hossen]

Gold feels heavy—market’s hinting at a deeper pullback.

[Abdul Khan]

Once liquidity is taken, the drop could be fast.