05/04/2026
XAU/USD: Navigating the Decision Zone ๐
Following the correction from $5,500, Gold is hunting for liquidity. Institutional order flow suggests Smart Money is looking for sweeps below the $4,600 area before a potential reversal.
Technical Setup for May 6โ11:
Resistance: $4,760 supply must be cleared for a bullish shift.
Support: $4,630 (0.382 Fib) is the immediate safety net.
Volatility: Expecting $150-$250 daily ranges amid Middle East escalations.
Check out the full technical structure and my trade plan for the upcoming week:
๐ https://www.tradingview.com/chart/XAUUSD/e6v3R4aH-Gold-Weekly-Forecast-May-6-to-May-11-Strategic-Market-Analysis/?social_toast=true
The global gold market enters the trading week of May 6 to May 11, 2026, positioned at a historic inflection point. Driven by a volatile convergence of geopolitical conflict, shifting interest rate expectations, and an unprecedented structural shift in institutional demand, the yellow metal has navi...