GOLD UPDATED – Fx Mind Set
M30 timeframe – Aug 24th, 2026

GOLD CONTINUES TO MAINTAIN STRONG BULLISH MOMENTUM AT THE START OF THE WEEK.
✅On the M30 timeframe, the market structure remains clearly BULLISH, with a consistent sequence of Higher Highs and Higher Lows.
Price is still trading within the ascending channel and has successfully broken above the 4623 level, showing that buyers remain in control.
✅Currently, price is approaching the 4650 – 4660 zone, where we have a Weak High and liquidity sitting above.
➡️Therefore, a short-term pullback or liquidity sweep is possible before the bullish trend continues.
✅KEY LEVELS
🔺4623 – 4601: Near-term support zone. Holding this area keeps the bullish momentum intact.
🔺4585 – 4580: Major M30 Demand Zone. This is the key area to watch for a potential BUY reaction if price makes a deeper correction.
🔺4650 – 4660: Liquidity / Weak High area. Price may react or pull back from this zone.
➡️TARGET: If price breaks and holds above 4660, the bullish expansion could continue toward 4680 -> 4700 -> 4720.
✅M30 BIAS: BULLISH
🔺The preferred scenario remains BUY ON DIP wait for price to retrace into the key support zones and look for Price Action confirmation before entering.
🔺Do NOT FOMO BUY while price is already pushing into the highs. Patience is key. We want to enter at a better location and follow the market structure rather than chase the move.
✅MAIN TARGET: 4720 The bullish structure remains intact.
Let the market come to our levels.