$XAU Latest Analysis
Gold is currently bearish in the short term after a sharp sell-off, trading around $4,455.
đ Bearish scenario:
Strong resistance: $4,480â$4,500
Key support: $4,400
A break below $4,400 could push price toward $4,330.
đ Bullish scenario:
If XAU/USD reclaims and holds above $4,500, a recovery toward $4,570 may be possible.
My view: đŽ Short-term trend remains bearish, but watch for a strong reaction around $4,400â$4,450.
â ïž Wait for confirmation and always use risk management
#XAUUSD #Binance
Gold is currently bearish in the short term after a sharp sell-off, trading around $4,455.
đ Bearish scenario:
Strong resistance: $4,480â$4,500
Key support: $4,400
A break below $4,400 could push price toward $4,330.
đ Bullish scenario:
If XAU/USD reclaims and holds above $4,500, a recovery toward $4,570 may be possible.
My view: đŽ Short-term trend remains bearish, but watch for a strong reaction around $4,400â$4,450.
â ïž Wait for confirmation and always use risk management
#XAUUSD #Binance
