🥇Gold Weekly Update 🟡
From the $5,600 peak → deep correction to $4,000 support.
Now bouncing hard. Closing the week at $4,376 (+0.8%).
Key levels:
🔸 Support: $4,100 – $4,000
🔸 Resistance: $4,450 – $4,500
Is this the start of the next leg higher… or just a dead cat bounce?
My bias: Cautiously LONG above $4,200.
Please TRADE $XAU here👇
From the $5,600 peak → deep correction to $4,000 support.
Now bouncing hard. Closing the week at $4,376 (+0.8%).
Key levels:
🔸 Support: $4,100 – $4,000
🔸 Resistance: $4,450 – $4,500
Is this the start of the next leg higher… or just a dead cat bounce?
My bias: Cautiously LONG above $4,200.
Please TRADE $XAU here👇