As we head into Monday’s session, Gold remains in a strong intraday bullish structure on the 1-hour timeframe.
After consolidating around the 5,000 region, price has broken into expansion mode and is now trading near 5,107–5,120 resistance.
This is not random volatility — this is structured momentum.
🔎 Current Market Structure (1H)
Clear sequence of higher highs and higher lows
Strong impulsive leg from 5,020 region
Clean breakout above prior consolidation
No confirmed bearish structural shift
The market has transitioned from accumulation to expansion.
🔑 Key Levels for Monday
🔹 Resistance: 5,119
This level has already been tested.
If Monday opens above 5,110 and holds:
→ Expect continuation toward 5,145.
🔹 Major Target: 5,145
If price breaks and sustains above 5,145:
→ Next projected expansion: 5,180–5,200.
🔹 Critical Support: 5,090
This is the “line in the sand.”
As long as hourly candles close above 5,090:
→ Bias remains bullish.
A strong close below 5,090:
→ Opens corrective move toward 5,060 liquidity zone.
🔥 Monday Scenarios
🟢 Bullish Continuation
Hold above 5,100
Strong hourly close above 5,119
Momentum candles without heavy wicks
Targets:
5,145 → 5,180
🔴 Controlled Pullback
Failure to hold 5,100
Break below 5,090
Targets:
5,060 → 5,030
This would be a healthy retracement, not a full trend reversal.
📊 Professional Insight
There is no confirmed distribution yet.
No lower highs.
No structural breakdown.
No heavy rejection.
Trend is strong but slightly extended.
Monday will likely start with:
• Liquidity sweep → continuation
or
• Direct breakout continuation
Avoid chasing impulsive candles.
📊 Detailed chart explanation is shared in my channel.
Follow the channel for daily professional analysis and structured market updates.
Channel: https://www.mql5.com/en/channels/learning-forex-gold
