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tradegoldenrules

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๐Ÿฅ‡ $XAU Latest Gold Analysis Gold is trading below $4,200/oz, under strong short-term selling pressure as a stronger USD, higher yields and rising Fed-hike expectations weigh on bullion. ๐Ÿ”น Support: $4,100 โ†’ $3,940 ๐Ÿ”น Resistance: $4,200 โ†’ $4,300 ๐Ÿ“‰ Below $4,100 โ†’ further downside risk ๐Ÿš€ Above $4,300 โ†’ recovery momentum could improve Bottom line: Short-term momentum is bearish; $4,100โ€“$4,300 is the key zone to watch. $XAU #GOLD #XAU #GOLD_UPDATE #TradeGoldenRules {future}(XAUUSDT)
๐Ÿฅ‡ $XAU Latest Gold Analysis
Gold is trading below $4,200/oz, under strong short-term selling pressure as a stronger USD, higher yields and rising Fed-hike expectations weigh on bullion.
๐Ÿ”น Support: $4,100 โ†’ $3,940 ๐Ÿ”น Resistance: $4,200 โ†’ $4,300 ๐Ÿ“‰ Below $4,100 โ†’ further downside risk ๐Ÿš€ Above $4,300 โ†’ recovery momentum could improve
Bottom line: Short-term momentum is bearish; $4,100โ€“$4,300 is the key zone to watch.
$XAU
#GOLD #XAU #GOLD_UPDATE #TradeGoldenRules
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Bearish
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