XAUUSD | Bearish Order Block Rejection in Premium | Short Setup🔥 XAUUSD – 5M Timeframe Smart Money Setup | April 30, 2025
Gold just printed the kind of setup Smart Money waits for: liquidity sweep + order block retest + Fibonacci confluence — all in the Premium Zone.
📍 Price Action Breakdown:
We marked a Clear Bearish Order Block after a strong move down.
Price retraced cleanly back into the 61.8%–79% Fibonacci Premium Zone — the exact area where Smart Money sells to retail buyers.
Price wicked into the OB, filled the imbalance, and showed strong bearish rejection.
Entry triggered on confirmation candle after tap.
🎯 Key Setup Elements:
✅ OB in Premium
✅ Bearish BOS before entry
✅ Fibonacci rejection (61.8–79%)
✅ Clean mitigation of the OB
✅ Low time frame confirmation entry
🧠 Smart Money Flow:
Retail: “Gold’s recovering! Time to buy!”
Smart Money: “Thanks for the liquidity. Here’s your SL.” 🫡💸
Every wick into that OB zone is a buy stop getting sniped by institutions.
💥 Trade Setup:
Entry: OB rejection zone at 3,328–3,332
SL: Above 3,332 (wick high / OB invalidation)
TP:
TP1: 3,314
TP2: 3,306
TP3: 3,299 (full RR completion)
Risk:Reward ~ 1:3+
📈 Risk Management Note:
Trailing SL advised once we reach TP1. Let price prove itself. Gold is volatile, but this structure is textbook.
🔮 What to Watch Next:
BOS below 3,320 confirms further bearish momentum.
Any re-entry into OB without momentum = trap.
🎤 Final Thoughts:
This is a play straight out of the institutional handbook — it’s not about chasing, it’s about letting price come to you.
Patience = Profit. 🧠💰
🗣️ Drop “GOLDEN SNIPER” in the comments if you caught this too.
💾 Save this chart — it's a lesson in precision.
👥 Tag your scalping squad — no excuses on this clean setup.
GOLDCFD trade ideas
Gold shocks pull long and short without continuation!From the daily line, the K-line closed with a hammer-shaped small positive line with a long lower shadow, showing a trend of falling back from a high position, which intensified the change of the top K-line pattern. At present, the gold price is suppressed by the double top of 3370 above and supported by the multiple bottoms of 3260 below. The market outlook mainly focuses on the shock adjustment of this range. The middle track of the Bollinger band at the hourly level is near 3322, which can be used as a watershed of strength and weakness. After the gold price falls below the middle track of the Bollinger band, it is likely to go to the lower track of the Bollinger band, and it is more likely to test the shock bottom position of 3260. In terms of the short-term operation of gold, it is recommended to mainly short on rebounds and supplemented by long on pullbacks. The short-term focus on the upper side is 3329-3335 resistance, and the short-term focus on the lower side is 3265-3260 support.
GOLD Gold (XAU/USD) shows price action ranging between a strong support level and a visible order block above. Price recently tested the support zone near 3,260.000, showing potential signs of a bullish reaction.
The chart highlights a possible upward move toward the Fair Value Gap (FVG) zone, targeting around 3325.626.
Key Technical Points:
- Support Level: Price bounced from the 3,260.000 zone.
- FVG Area: Gap available for price to fill up toward 3325.626.
- Order Block: Major resistance near the 3,440.000 region.
- Structure: A potential bullish short-term recovery setup.
Target Projection: $3325.626
If buyers maintain control around the current support, we could see a move into the FVG before facing major resistance at the order block above. Watch closely for bullish confirmations or possible rejections around the FVG area.
Tariffs have not eased. How will gold trend in the future?Spot gold fell nearly 1% on Friday to close at 3316.26. Earlier this week, gold rose to a record high of 3500. After Trump's statement on tariffs eased, the market rose to 3500 and investors chose to close their long positions. The lowest gold price this week fell to around 3260.
At the moment when tariffs are deadlocked, any remarks made by Trump on tariffs have not reduced the risk of the market, but increased the uncertainty of the market. Next week, the gold market will usher in the World Gold Council's first quarter "Gold Demand Trends" report. In addition, next week's gathering of Trump's 100th day in office may become an important window for gold prices to choose to test the 3500 mark again or continue to fall from 3300.
This week, the international gold price as a whole showed a high and then fell, with the opening price at $3332.96, the highest price at $3499.92, the lowest price at $3260.2, and the closing price at $3316.2. After such a pattern appears, it indicates that the gold cycle will face violent fluctuations.
Quide's analysis:
If international news helps short selling, it is possible for gold to fall to 3100 or fall below 3000. Therefore, we should remain vigilant next week and pay close attention to the geopolitical situation and news such as tariffs, so as to make a buying or selling decision for next week.
At present, the Bollinger Bands continue to close, and the short-term market continues to maintain a range consolidation until the Bollinger Bands reopen and choose a new direction.
Before the upward and downward ranges are broken, the intraday short-term operation adopts the range high-altitude low-multiple operation.
There is currently no international news and comments that can analyze the trading signals for next week; Quide will pay attention to news and comments that may affect the trend of the gold market at any time, so as to bring analysis and strategies to everyone at any time.
Every calm analysis by Quaid is a step towards success. In the gold market, please trust Quaid's professional analysis. It can help you stand at the top of the gold trading market.
Interpretation of ideas after gold opensTechnical pattern: This week, gold closed in a "shooting star" pattern, which is a common peak signal, indicating that the price of gold may face a correction or decline.
Influence of news: This week, affected by Trump's tariffs and dismissal of Powell, gold first hit a record high of 3500 due to its safe-haven properties. Then Trump's remarks changed, and the price of gold plunged from the high point to around 3260. Overall, it ended in a volatile situation under the uncertainty of tariffs, Powell's stay and interest rate cuts. If there are no new safe-haven factors in the market news, there is room for further decline in the price of gold.
Short-term trend analysis
Four-hour level: After the safe-haven, the price of gold rebounded at the low point of 3260, but was unable to continue near 3370. It is believed that the high-level selling repair and low-level buying intervention have affected it. The opening of the gold price next week may continue to fall.
Hourly level: Since the decline in the price of gold, the rebound strength has been insufficient. It rebounded twice near 3260 below, and the overall center of gravity was downward before crossing 3380. Next week, pay attention to the 3330-3346 range to determine the nature of the rebound at the end of this week. At the same time, pay attention to whether 3260 can be broken. If there is a break, you can look down to 3221.
Operational suggestions: Overall, the overall idea for next week will continue to be bearish. Pay attention to the resistance of the 3330-3346 range on the top, and try to go short if it is touched; the initial support below is 3260, and the bearish trend can continue to 3221-3219 if it breaks.
Suggestions for being stuck at high positions: For investors who are standing guard at high positions, if they can withstand the pullback of gold prices, they can continue to hold and wait for the return of their capital; if not, it is recommended to recognize the loss and leave the market first, and then enter the market after the gold price has adjusted to the right level.
Gold is under pressure and falls again Short again on rebound!Gold rebounded weakly during the European session, and fell twice during the US session, with the lowest price dropping to 3265. However, even though it is extremely weak at present, it is not recommended to blindly chase the short position. The support below is 3260, which is the previous low point and is close to the volatility limit. Instead, you can try short-term long positions with a light position. The short-term pressure above is maintained at 3306, and the breakthrough will gradually reach 3315 and 3328!
Operational suggestions: Gold is short near 3310-20, and look at 3300 and 3280! Long positions can be made if the support below 3260 is not broken!
GOLD: Strong Bearish Sentiment! Short!
My dear friends,
Today we will analyse GOLD together☺️
The market is at an inflection zone and price has now reached an area around 3,270.77 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 3,242.15..Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
Gold INTRADAY corrective pullback supported at 3227Gold prices slipped on Friday and are on track to end the week lower.
China denied any ongoing trade negotiations with the US, contradicting former President Trump's claims.
Despite this, markets are rallying on deal speculation, with traders rotating out of Gold and into equities.
Key Support and Resistance Levels
Resistance Level 1: 3392
Resistance Level 2: 3457
Resistance Level 3: 3500
Support Level 1: 3227
Support Level 2: 3173
Support Level 3: 3130
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Is XAUUSD bullish or bearish today? I'm bearish on GOLD (XAUUSD) today!
Logic: GOLD recently hit its historic high. After that retracing but not sustaining at any point just because of the big players booking profits, it's common in GOLD .
Now, GOLD is reversing, and I can see it formed a bearish flag pattern today in the 15- or 5-minute time frame, as you can see in my chart drawing. So, I'm bearish at least till the 3270 level .
Thank you
How will gold go? Analysis of the technical outlook for gold priSpot gold is basically stable after a sharp rise in the early Asian session, and the current price of gold is around $3,325/oz.
Quaid believes that gold prices may show a consolidation trend in the next few days, but we are in a bull market and any significant decline will be taken over by buyers.
From a technical perspective, gold prices rose in the morning, but they are still in a range. Technical indicators changed direction and moved higher within positive levels, gaining new momentum and supporting further gains in gold prices. At the same time, gold prices continue to develop above all of its moving averages, and the bullish 20-day simple moving average is currently around $3,182/oz, well above the bullish 100-day and 200-day moving averages.
The 4-hour chart shows that gold prices are consolidating easily. Gold prices continue to trade below the mildly bearish 20-period SMA, which provides dynamic resistance near $3,370/oz, but the longer-term moving averages maintain a bullish slope at a level far below the current gold price. Finally, technical indicators remain directionless within negative levels. If gold prices break through the above 20-period SMA resistance, it should open the door for a more sustainable rebound in gold prices.
Quaid comprehensively analyzes important support and resistance levels:
Support: $3314/oz; $3301/oz; $3288/oz
Resistance: $3358/oz; $3370/oz
Gold fluctuates in the short term, but you can still make a prof
Gold is still fluctuating. Due to the pressure from the upper moving average, don't chase high for the time being. Wait for gold to pull back and you can still continue to short.
During the US trading time today, short-term gold bulls have begun to be powerless, so when gold pulls back to around 3350, shorts can enter the market at any time, and gold still has the opportunity to adjust. Gold continues to wait and see the adjustment market in the short term, and pay attention to trading signals in time.
Keep an eye on the price and participate well. Grasp the rhythm of gold pullback short-selling transactions. You will find that this kind of fluctuation is much more fun than the big fluctuation.
📊Comment analysis
Gold is currently just a rebound. If there is no special risk-averse news for gold, it will still be difficult to go up directly. At least it will fluctuate first, and it is still a bearish fluctuation now.
💰Strategy Package
Short position:
Actively participate at 3350 points, profit target is around 3310 points
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the capital account
- Stop loss is 1-3% of the capital account
Gold------short near 3320, target 3310-3280Gold market analysis:
Gold has started to fluctuate and hover in the short term. There are opportunities for buying and selling in short-term operations. Yesterday, we also arranged 3 buy orders at low levels. Today, we have to consider changing our thinking and sell it at a suppressed position. The reason is that the weekly line is a big tombstone, which means that the weekly line still has room to fall. This week is basically halfway through. The first half of the week is volatile, and the second half of the week will begin to follow the weekly line to decline. The direction of the daily line is currently vague, but the trend of the weekly line is relatively clear. It has risen and fallen sharply. The data did not support the technical decline of gold. Later, we need to pay attention to the impact of holidays on it. Today, friends who are short-term gold can still intercept in the range. If you want to make a big profit, sell at a high position and hold it. I estimate that it will waterfall. The horizontal time is too long, and the time to fall later will be longer.
Look for opportunities to go short near 3320 in the Asian session. The suppression position is 3329. The current support is near 3300. From the perspective of form, this position still has support in the Asian session, but it is not sure whether it can continue to support gold in the European session. The current idea is to predict that if it breaks 3329, it is necessary to adjust the thinking to be bullish. In addition, the daily moving average is also beginning to turn up and suppress, and selling is beginning to move.
Support 3300, pressure 3320 and 3329, the watershed of strength and weakness in the market is 3300.
Fundamental analysis:
Today, we will start to pay attention to the situation of ADP data, and there is also PCE data. Gold in the European and American sessions will definitely move greatly.
Operation suggestions:
Gold------short near 3320, target 3310-3280
Gold buy bullish Chart Overview
The chart shows a descending channel, marked by two downward-sloping blue trendlines.
The price recently bounced off the lower channel support, indicating a potential short-term bullish correction.
A potential W-pattern (double bottom) is forming, often a sign of reversal.
The blue projection line suggests a bullish move toward the mid or upper range of the channel.
Key Levels
Support:
Lower Channel Support: Around $3,260 — where price recently bounced.
Immediate Minor Support: Around $3,280 — recent low before bounce.
Resistance:
Immediate Resistance: Around $3,300–$3,310, near recent swing highs and the blue arrow target.
Stronger Resistance: Around $3,340, aligned with the upper channel line and previous rejection zones.
Outlook:
If price holds above $3,280, a move toward $3,300–$3,310 is likely.
A break above $3,310 could target the upper channel trendline near $3,340.
If price breaks below $3,260, expect a retest of the $3,240 zone or even lower within the descending channel.
Would you like a longer-term view or suggestions for trade setups?
Gold starts to fluctuate at a high level, will it fall or rise iFrom the 4-hour chart of gold: From the above chart, the current trend may be a convergent triangle consolidation, with the high point gradually moving down and the low point gradually moving up. When the space can no longer be expanded, a breakthrough in a certain direction will be obtained. At present, the upper track is at 3344 and the lower track is at 3273. It may not be able to completely touch the upper and lower tracks, but there is a certain support or pressure performance near them; now the key middle track has been lost again, under pressure at 3315, and there is still a chance to explore and approach the lower track tonight; from the hourly chart: the trend of the Asian session in the past few days has been relatively smooth, with better continuity. Once it reaches the European session, it is a volatile oscillation back and forth; the current 3330 line is today's Feng Shui Ridge. If it can withstand pressure here, there is still room for a second exploration.
On the whole, the short-term operation strategy of gold today is recommended to sell on rebounds as the main strategy, and buy on pullbacks as the auxiliary strategy. The short-term focus on the upper side is the 3330-3340 line of resistance, and the short-term focus on the lower side is the 3300-3290 line of support.
Buying range: 3302-3300, SL: 3290, TP: 3320-3335
Selling range: 3333-3335, SL: 3345, TP: 3320-3315
Key points:
First support: 3300, second support: 3295, third support: 3290
First resistance: 3330, second resistance: 3335, third resistance: 3345
Analysis of the latest gold market trend on April 29:
1. Current market structure: wide range of fluctuations, direction to be broken
Key range: 3260-3338 (recently tested the upper and lower edges many times, no effective breakthrough).
Fierce long-short game:
3260-3270 (multiple bottoming rebounds, strong support area).
3336-3340 (recent high resistance, breakthrough opens up the upward space).
3370 (mid-term long-short boundary, head and shoulders right shoulder pressure).
2. Technical signal analysis
4-hour chart shock pattern:
If it stands firm at 3336 → it may continue to rebound and test 3352-3370.
If it falls back under pressure at 3336 → look down to 3278-3260, and if it falls below, it will open the downward space to 3225-3200.
Key patterns:
Head and shoulders top prototype: If the right shoulder is formed at 3370, the risk of medium-term shorting will increase.
Fibonacci support: 3225 (50% retracement), 3200 (psychological barrier).
3. Today's operation strategy
(Use 3336 as the dividing line, flexibly switch between long and short positions)
Short opportunity (main idea)
Entry conditions:
Price stagnation at 3336-3340 (such as reversal signals such as long upper shadow and engulfment on the K-line).
Target: 3278 → 3265-3260 (add positions after breaking through to see 3225).
Stop loss: above 3352 (to prevent false breakthroughs).
Bull opportunity (auxiliary idea)
Entry conditions:
Retracing to 3270-3260 and stabilizing (quick rebound or lower shadow confirmation).
Target: 3336 → 3352 (reduce position after breakthrough).
Stop loss: below 3255 (strict risk control).
4. Key risk reminder
Fake breakthrough risk: The recent volatility is drastic, and it is necessary to observe whether the breakthrough of 3336 and 3260 is accompanied by large volume.
The dollar and the news: Federal Reserve policy expectations and geopolitical situations may cause sudden fluctuations.
5. Summary
Volatile market → Sell high and buy low, strictly stop loss.
Breakthrough strategy:
Break above 3336 → Go long on the retracement, look at 3370.
Break below 3260 → Go short on the rebound, look at 3225-3200.
Gold 4H – Compression Builds | Key Zones in FocusGold is consolidating beneath descending trendline resistance, compressing within a defined structure on the 4H chart. As volatility tightens, price is approaching a critical decision point. This post outlines the key actionable zones, ranked by risk, and highlights the stop-loss levels to manage exposure.
Technical Analysis:
Price action remains trapped within a descending triangle, marked by lower highs and flat support. Buyers have shown interest around the $3,313–$3,283 range, while broader structure still favors caution until a clean breakout or breakdown occurs.
We’ve identified three main zones, each offering different trade opportunities based on structure and risk tolerance:
🔴 $3,313 – Minor Intraday Level (Higher Risk):
This is not a formal support zone but a short-term reaction level. Positioned directly under descending trendline resistance, it's highly reactive and prone to stop hunts or liquidity spikes. Entries here carry elevated risk and require tighter stop placement.
Stop-loss: Below $3,301.165 – A clean invalidation if structure breaks.
🟠 $3,283 – 4H Support Shelf (Medium Risk):
A more defined level based on prior multi-candle rejections. This zone has shown stability and represents the core of current consolidation. A breakdown below here would likely trigger downside continuation.
Stop-loss: $3,263.450 – Under the consolidation base, confirming bearish expansion.
🟢 $3,240 – 4H Support Zone (Low Risk – Backed by Daily Structure):
This zone aligns with a broader daily support level and has not been tested in the current cycle. It offers a structurally clean and lower-risk long entry, especially for swing traders.
Stop-loss: $3,218.240 – Invalidation of the daily support structure.
Outlook:
Bullish trigger: Break and close above $3,320 and the trendline → opens path toward $3,420 and $3,510.
Bearish trigger: Clean loss of $3,283 → exposes downside toward $3,240, then possibly $3,127.
Current bias: Neutral-to-bullish while price holds above $3,283 and compression remains intact.
Note: The FOMC decision on Wednesday may act as a catalyst. A dovish tone could support bullish continuation in gold.
✅ Conclusion:
Gold is compressing within a clean descending triangle structure. If buyers defend one of the mapped support zones, we could see a push toward $3,420 and possibly $3,510. Until a confirmed breakdown below $3,283 occurs, the bias remains neutral-to-bullish, with opportunity on structured pullbacks.
Not financial advice. Like & follow for more Gold trade setups and structured market analysis.
Gold buy bullish Chart Pattern & Analysis
You have drawn a falling wedge, typically a bullish reversal pattern.
The price appears to be bouncing near the support, and you’ve projected a potential breakout to the upside.
Volume seems to be decreasing inside the wedge, which aligns with classic falling wedge behavior before breakout.
You're possibly anticipating a breakout towards the previous high around 3,547 (marked in blue).
Trade Setup (Bullish Bias)
Entry (BUY):
Around the current price zone: 3,314
Take Profit (TP):
Primary TP: 3,390 – This is just below the local swing high (conservative).
Extended TP: 3,547 – Based on the projected move from the wedge breakout.
Stop Loss (SL):
Below the recent low and wedge support: around 3,250 – to account for false breakouts and price noise.
Risk-Reward Estimate:
Risk: ~64 points (3,314 - 3,250)
Reward:
TP1: ~76 points (3,390 - 3,314) → ~1.2R
TP2: ~233 points (3,547 - 3,314) → ~3.6R
This setup favors patient traders waiting for confirmation of a breakout. Conservative traders could wait for a break above the wedge and retest before entering.
Would you like me to overlay the entry, TP, and SL zones visually on the chart for clarity?
Gold 100% Trading StrategyGold prices continued to fluctuate this week. Last Thursday, gold prices stabilized and rebounded near $3,284, and remained strong after breaking through $3,300. During today's Asian session, gold prices repeatedly hit the 3,385 pressure level but failed. After retreating to around 3,369 and gaining support, they rebounded again to around 3,396. The current price faces technical repair needs, but the overall upward trend has not changed, and the probability of breaking through the $3,400 mark is still high. The support level of the retracement is focused on the Asian session low of 3369 US dollars and the 4-hour MA5 moving average of 3360 US dollars. You can arrange long orders on dips; the upper pressure focuses on the 3396-3400 line. After breaking through, you need to be alert to the pressure of the daily error band indicator of 3425-3430 US dollars. At present, you can go short at the rebound of 3395 in the short term. The general trend is still dominated by low and long.
Gold recommendation: Go short near the rebound of 3395-3400, stop loss 3405, target 3370, strict stop loss for large fluctuations
Gold operation: Go long near the retracement of 3370-3375, stop loss 3362, target 3400, strict stop loss for large fluctuations
Gold short-term profit is more fun
🌐 Driving factors
Geopolitical situation: US President Trump's special envoy Witkov held a three-hour meeting with Russian President Putin in Moscow last Friday to discuss the US plan to end the war in Ukraine. The Kremlin said that the positions of the two sides have become closer.
India accused Pakistan of sheltering terrorist organizations, and Pakistan denied it and accused India of instigating separatist activities in Pakistan (such as Balochistan). The situation is difficult to control.
Latest news: Russian President Putin announced on the 28th that a ceasefire will be implemented from 0:00 on May 8 to 0:00 on May 11.
Market bullish sentiment cools down
📊 Commentary analysis
According to the trend of gold in the Asian and European sessions, the trading signals derived from technical analysis have helped many people achieve short-term victories.
🔷 Technical side: For the current gold, the 1-hour chart card fluctuates widely between 3330-3292, and is currently around $3324.
✔Operational suggestions, short-term trading:
US gold operation strategy:
Short strategy: If gold falls back to the range of 3330-3350, you can enter the market to short, target 3270, stop loss 3355
💥Risk warning
Liquidity risk: The market may be bearish in early May, and price fluctuations may be amplified.
Policy black swan: Trump may suddenly change tariff policies or personnel changes at the Federal Reserve, causing violent market fluctuations.
Technical false breakthrough: There are a large number of stop-loss orders near $3350, and you need to be wary of reversals after inducing more.
Summary:
This week, the gold market will be affected by geopolitics, Federal Reserve policies and the trend of the US dollar, and the fluctuation range is expected to be between $3260 and $3350. Investors need to pay close attention to key support and resistance levels and adjust strategies flexibly.
Gold's correction intensifies, but the trend remains unchangedLong-term trend of gold
Weekly level: The overall bullish structure is not broken, and the current pullback is regarded as a technical correction. The key support level is $3260. After breaking through 3500, the target is $3750 (golden ratio extension level). Long-term investors can hold existing long positions and increase their positions after the pullback stabilizes.
Short-term trend
Weekly signal: Last week, a small negative line with a long upper shadow (similar to a shooting star) was closed, indicating high-level selling pressure. The weekly level adjustment may continue, and the space below may be further opened.
Daily level: The upward momentum weakened and entered the stage of shock pullback. It is necessary to pay attention to the repair of indicators.
4-hour structure:
Wave type division: 3500→3260 is a wave A decline; 3260→3372 is a wave B rebound; if 3372 confirms the high point of wave B, the downward target of wave C will fall below 3260, looking at 3245 (top and bottom conversion position) and 3230 (50% retracement position).
Key data and operation strategies
Focus this week: US employment data (JOLTS, ADP, non-farm, etc.), which may exacerbate market volatility.
Daily operation:
Resistance level: 3302-3315 area, you can try shorting if it rebounds to this area.
Support level: 3260 (if it breaks, look down to 3245-3230), you can arrange long orders when it touches 3230 for the first time.
Risk warning: If it continues to be under pressure below 3300 before the European session, it may continue to be weak before the US session.
Conclusion: The medium- and long-term bullish logic remains unchanged, but the short-term technical side is bearish, and it is necessary to wait for the bullish signal after the correction is in place.
XAU/USD H4 AnalysisXAU/USD was finding support last week at the $3270 mark for a second time on the four hour time frame.
The last four hour resistance was also seen last week at circa $3365.
Look for price to head back towards resistance.
This is an idea of what may happen. Always trade with a profitable strategy and good risk management.