$XAU (Gold) Update
#Gold is struggling to stabilize above the rising channel and is facing downside pressure.
Gold was rejected around 4,380 after breaking above 4,360 and filled the gap at 4,380.
Resistance has now shifted. Gold needs to clear 4,380 to move above 4,400, with the next zone around 4,440.
On the downside, a break below 4,345 could lead to a dip toward 4,320.
Not Financial Advice
$XAUT
#Gold is struggling to stabilize above the rising channel and is facing downside pressure.
Gold was rejected around 4,380 after breaking above 4,360 and filled the gap at 4,380.
Resistance has now shifted. Gold needs to clear 4,380 to move above 4,400, with the next zone around 4,440.
On the downside, a break below 4,345 could lead to a dip toward 4,320.
Not Financial Advice
$XAUT
