Gold Analysis – TVC:GOLD, First Week of June 2026 by Bintkhalifa — TradingView

Period: June 1 to June 5, 2026

Looking at the chart (15 minutes), the price formed a strong bottom near 4,360 last week and returned to above 4,500, ending with short-term upward momentum, but still within an important resistance range.

🔹Main scene (highest probability)

Sales area:

4,586
4,631
4,676

It represents a clear area of ​​supply and may be a target area for liquidity before sellers return.

If price reaches this area and shows signs of weakness or price rejection:

🎯 First goal: 4,500
🎯 Second goal: 4,431
🎯 Third goal: 4,358

As long as the price is below 4,676, the technical picture still favors a downward correction from the supply zone.

🔹Alternative Scenario

in case:

Breaking through 4,676
There is a strong seal on it

This means buyers are successfully absorbing offers and we may see an expansion in:

4,720
4,780

But this situation needs confirmation, not just a momentary breakthrough.

🔹Strategic Procurement Area

Request area:

4,271
4,247
4,223

This area represents the last area of ​​strong support on the current chart.

If the price drops to this level and shows signs of a reversal, it could become a point of interest for buyers.

📌 What to monitor in a week

✅ Market opens on Monday.
✅ Price action is 4,586.
✅ Will liquidity retrace above the last peak and then fall back?
✅ Amount of momentum when approaching sell zone.
✅ Maintain trades above 4,500 or break above it.

in conclusion

📈 Intraday trend: corrective bullish.
📉 Expected trend this week: Fall from the supply zone if the breakout fails.
🔴Sales area: 4,586 – 4,676.
🟢Buying areas: 4,223 – 4,271.
🎯 Lower target: 4,500 → 4,431 → 4,358.

⚠️ The most important point on the chart right now is 4,586; as this is the first real test for buyers in early June.

This is an educational technology read, not investment advice or a solicitation to buy or sell. Risk and capital management remain the foundation of any transaction.