{"id":272717,"date":"2026-07-04T07:00:00","date_gmt":"2026-07-04T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=272717"},"modified":"2026-07-05T08:25:10","modified_gmt":"2026-07-05T15:25:10","slug":"gold-bulls-determined-to-defend-support","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/gold-bulls-determined-to-defend-support\/","title":{"rendered":"Gold Bulls Determined to Defend Support"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Gold GC-Mini Market Analysis<br><\/h2>\n\n\n\n<p>The<a href=\"https:\/\/www.investing.com\/commodities\/gold-streaming-chart\" target=\"_blank\" rel=\"noreferrer noopener\"> Gold GC-mini<\/a> daily bears have put tails beneath the psychological 4000 mark 5 times in the past 8 sessions. While this repeated attempt is significant, take note that bears have been unable to close a body beneath the 4000 mark. Bulls are attempting to draw a line in the sand.\u00a0<\/p>\n\n\n\n<p>On the weekly chart, bulls are able to send prices back to the top of the bear channel. Bulls want to keep prices ranging between 4000 &#8211; 4400 in order to spoil the bear trend. Bears want to keep selling the top of the downward channel. The overall structure continues to make lower highs and lower lows.<br><\/p>\n\n\n\n<p>While daily bulls did a great job sending price back up to the moving average, patient bears will use this as an opportunity to continue the sell off. The higher time frame weekly bears still firmly control the market, maintaining a large gap between price and the moving average. The market is still in correction mode from the historic parabolic bull run.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Gold GC-mini futures<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> Gold chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Gold-GC-mini-Weekly-Support-Holds.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Gold-GC-mini-Weekly-Support-Holds-680x383.jpg\" alt=\"Gold GC mini Weekly Support Holds\" class=\"wp-image-272867\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Gold-GC-mini-Weekly-Support-Holds-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Gold-GC-mini-Weekly-Support-Holds-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Gold-GC-mini-Weekly-Support-Holds-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Gold-GC-mini-Weekly-Support-Holds.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bears test and fail beneath 4000 for the 2nd week in a row.<\/li>\n\n\n\n<li>Sideways to down the past 4 weeks.<\/li>\n\n\n\n<li>Bulls defending Psychological 4000 mark.<\/li>\n\n\n\n<li>Bulls want to see a reversal after a 4th leg down.<\/li>\n\n\n\n<li>Bears want a 50% pull back set up.<\/li>\n\n\n\n<li>Bulls are able to close a body just above the same 50% mark. A good sign for the bulls.\u00a0\u00a0<\/li>\n\n\n\n<li>Top of the bear channel.<\/li>\n\n\n\n<li>Bears are able to sustain a wide gap between price and the moving average.\u00a0<\/li>\n\n\n\n<li>Bulls want to send the price back up to the moving average.<\/li>\n\n\n\n<li>Bears are able to maintain a wide gap between price and the moving average.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/em> Gold chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Gold-GC-mini-Daily-Bulls-Test-the-Moving-Average.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Gold-GC-mini-Daily-Bulls-Test-the-Moving-Average-680x383.jpg\" alt=\"Gold GC mini Daily  Bulls Test the Moving Average\" class=\"wp-image-272868\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Gold-GC-mini-Daily-Bulls-Test-the-Moving-Average-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Gold-GC-mini-Daily-Bulls-Test-the-Moving-Average-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Gold-GC-mini-Daily-Bulls-Test-the-Moving-Average-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Gold-GC-mini-Daily-Bulls-Test-the-Moving-Average.jpg 1280w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bulls test back up to the moving average.\u00a0<\/li>\n\n\n\n<li>Bulls unable to close a body above the moving average.<\/li>\n\n\n\n<li>Bulls want a wedge &#8211; double bottom reversal pattern.<\/li>\n\n\n\n<li>Bulls print 4 consecutive bars.<\/li>\n\n\n\n<li>6 of the past 7 bars are bullish. 4 of which are strong closing near the high of the bars.<\/li>\n\n\n\n<li>The past 6 bull bars were able to close bodies above the 50% mark.<\/li>\n\n\n\n<li>Bears want a 50% pullback to the moving average.\u00a0<\/li>\n\n\n\n<li>Patient bears will have waited for price to return to the moving average in order to continue the sell off.\u00a0<\/li>\n\n\n\n<li>Market structure continues to make lower highs and lower lows.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n\n\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n\n\n<p>You can access all weekend reports on the <a rel=\"noreferrer noopener\" class=\"rank-math-link\" href=\"https:\/\/www.brookstradingcourse.com\/blog\/analysis\/\" target=\"_blank\">Market Analysis<\/a> page.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Gold GC-Mini Market Analysis The Gold GC-mini daily bears have put tails beneath the psychological 4000 mark 5 times in the past 8 sessions. While this repeated attempt is significant, take note that bears have been unable to close a body beneath the 4000 mark. Bulls are attempting to draw a line in the sand.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":21625,"featured_media":272868,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"shadow","_genesis_layout":"","footnotes":""},"categories":[1964,136],"tags":[295],"class_list":{"0":"post-272717","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gold","8":"category-analysis","9":"tag-gold-futures","10":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Gold-GC-mini-Daily-Bulls-Test-the-Moving-Average.jpg","author_info":{"display_name":"Precog","author_link":"https:\/\/www.brookstradingcourse.com\/es\/author\/kindnessiswealthyahoo-com\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/272717","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/users\/21625"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/comments?post=272717"}],"version-history":[{"count":2,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/272717\/revisions"}],"predecessor-version":[{"id":272869,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/272717\/revisions\/272869"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/272868"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=272717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=272717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=272717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}