– I’ll be looking for potential Buys above 4006.000 targeting 4h Resistance formed at 4046.000 Leaving Runners to the next 4h Resistance formed at 4082.000.
– I’ll be looking for potential Sells below 3966.500 targeting 4h Support formed at 3932.000 Leaving Runners to the Strong Key Level around 3900s.
– Recently, gold has shown a notably bearish trend and we’re starting to see some bearish momentum take hold. On the weekly chart, it’s already tested and filled the previous weekly low, and it looks like it’s breaking below that level. The big question is whether this signals a deeper correction or if it’s just a short-term pullback.