18/08/2026
🟡GOLD MARKET OUTLOOK | H1 08/18 - SMC
Gold remains structurally BULLISH, but price is
correcting after rejecting the 4,420-4,440 supply
zone.
KEY SUPPORT: 4,340-4,360
-> Hold above support = bullish structure remains
valid.
Break below support = deeper correction risk.
BIAS: BULLISH WHILE H1 STRUCTURE HOLDS.
No chasing in the middle. We wait for confirmation at
key levels
PART 2 -> 3 HIGH-PROBABILITY SCENARIOS BEFORE
LONDON SESSION
Supply Zone