Gold is approaching the level where the next reaction matters more than the level itself.
The $4,375-$4,390 zone has repeatedly aligned with descending resistance, but buying or shorting it blindly is asking for trouble.
A clean rejection could send Gold toward $4,280, then $4,220.
A sustained breakout above the zone kills the bearish thesis.
The chart gives the area. Price decides the direction.
$XAU
The $4,375-$4,390 zone has repeatedly aligned with descending resistance, but buying or shorting it blindly is asking for trouble.
A clean rejection could send Gold toward $4,280, then $4,220.
A sustained breakout above the zone kills the bearish thesis.
The chart gives the area. Price decides the direction.
$XAU