Macro Data can keep Gold Pushing!

Key Levels:

Daily High (DH): 3899.5

Monthly High (MH): 3899.5

Daily Low (DL): 3820.4

Weekly High (WH): 3824.6

Weekly Low (WL): 3717.7

📊 Technical Outlook

Price is currently trading near 3890, holding strong after yesterday’s impulsive bullish move. If we see a clean break back above yesterday’s high, continuation toward DH / MH 3899.5 looks highly probable. The recent structure continues to support bullish pressure with higher highs and shallow retracements.

🌍 Macro Watch

All eyes are on the U.S. Government shutdown threat tonight at midnight.

If Congress fails to reach an agreement, volatility in safe-haven assets like gold could spike.

A shutdown scenario would likely support continued bullish pressure on gold as risk sentiment shifts.

🎯 Trade Idea

Watching for a reclaim and hold above yesterday’s high → confirmation for bullish continuation.

Short-term target: 3899.5 (DH / MH) liquidity.

Failure to hold above could open a retrace back toward 3820–3824 support zone (DL / WH).

✅ Summary

Bias remains bullish as long as price holds near/above yesterday’s high. Macro uncertainty (government shutdown) could act as a catalyst, so staying nimble and risk-aware is key.

⚡️What do you think — does gold have enough momentum to clear 3899.5, or will macro risk force a deeper retrace first?