Gold closed the week at 2364 after rejecting the 2398 supply zone twice. The daily structure is still bullish, but momentum has slowed and the M15 / H1 is rolling over.
Levels we care about
- 2398 — major supply, double-rejected
- 2340 — Asian range mid, magnet
- 2312 — H4 demand, our long re-entry zone
We are not chasing breakouts above 2398 this week. Wait for either a clean break-and-retest, or a deeper pullback into 2312.