$XAUT | 1H UPDATE — GOLD PULLBACK
Gold is currently facing a short-term bearish correction after rejection from the $4,430–$4,440 resistance zone.
📍 Current Price: ~$4,356
🔴 Resistance: $4,380–$4,400
🟢 Support: $4,330–$4,320
🟢 Major Support: ~$4,280
The 1H structure shifted bearish after price broke below $4,380.
➡️ Bullish scenario: Reclaim $4,380 and hold → buyers may target $4,400+ again.
➡️ Bearish scenario: Break below $4,320 → deeper correction becomes likely.
⚠️ FOMC Minutes today could bring sharp volatility in Gold through USD and Treasury yields.
🎯 Bias: Short-Term Bearish 🔴
Trade the confirmation, not the prediction. 📊
#XAUUSD #GOLD #trading
Gold is currently facing a short-term bearish correction after rejection from the $4,430–$4,440 resistance zone.
📍 Current Price: ~$4,356
🔴 Resistance: $4,380–$4,400
🟢 Support: $4,330–$4,320
🟢 Major Support: ~$4,280
The 1H structure shifted bearish after price broke below $4,380.
➡️ Bullish scenario: Reclaim $4,380 and hold → buyers may target $4,400+ again.
➡️ Bearish scenario: Break below $4,320 → deeper correction becomes likely.
⚠️ FOMC Minutes today could bring sharp volatility in Gold through USD and Treasury yields.
🎯 Bias: Short-Term Bearish 🔴
Trade the confirmation, not the prediction. 📊
#XAUUSD #GOLD #trading