#XAUUSD
🚨 XAUUSD M1 UPDATE: GOLD DIPS TO $4,622 SUPPORT
XAUUSD M1: $4,626.85 | Gold vs US Dollar
Time: 26 Aug 08:36
Gold is seeing a sharp selloff on the 1-minute chart after rejecting higher levels.
What’s happening:
Price dropped from the $4,635 area down to $4,622.06, marking a clear bearish move in the London morning session. Right now price is bouncing slightly from that low and trading around $4,626.85.
Key Levels to Watch:
Immediate Resistance: $4,634.50 - where the recent sell was placed
Support: $4,622.06 - today's low. A break below opens $4,619–$4,618
Next Bounce Zone: $4,627–$4,630 if bulls defend
The chart shows strong selling pressure with no major pullback yet. Volume picked up into the drop, suggesting short-term bears are in control.
Scalpers are watching if $4,622 holds. A hold could mean a quick bounce. A break means extension lower.
🚨 XAUUSD M1 UPDATE: GOLD DIPS TO $4,622 SUPPORT
XAUUSD M1: $4,626.85 | Gold vs US Dollar
Time: 26 Aug 08:36
Gold is seeing a sharp selloff on the 1-minute chart after rejecting higher levels.
What’s happening:
Price dropped from the $4,635 area down to $4,622.06, marking a clear bearish move in the London morning session. Right now price is bouncing slightly from that low and trading around $4,626.85.
Key Levels to Watch:
Immediate Resistance: $4,634.50 - where the recent sell was placed
Support: $4,622.06 - today's low. A break below opens $4,619–$4,618
Next Bounce Zone: $4,627–$4,630 if bulls defend
The chart shows strong selling pressure with no major pullback yet. Volume picked up into the drop, suggesting short-term bears are in control.
Scalpers are watching if $4,622 holds. A hold could mean a quick bounce. A break means extension lower.
