Gold Intraday Range Trading

Gold remains in a high-range consolidation following its oversold rebound today, with no sustained bullish reversal. 4300 acts as the intraday dividing line between bulls and bears. Price will maintain corrective consolidation if this level holds, while a decisive break below will mark a temporary end to the rebound.

Key Levels Today
Resistance
R1: 4352–4356 (Actual intraday high, strong near-term resistance)
R2: 4360–4380 (Major medium-term resistance zone)

Support
S1: 4315–4320 (Immediate nearby support, long entry zone)
S2: 4285–4300 (Neckline support, bull-bear watershed)

Trading Strategy:
Buy 4315 - 4325
SL 4280
TP 4340 - 4360 - 4380

Sell 4355 - 4360
SL 4362
TP 4330 - 4290 - 4250