#Gold is currently fluctuating around the 4260 level.
Short-term support lies near 4240–4220; if buyers can hold this level, a brief rebound may occur, at which point opening a small long position could be considered. If the price breaks below 4220, the next key support level to watch is around 4200.
Short-term resistance is located near 4300–4320; as long as sellers maintain this resistance, any rebound will present an opportunity to go short.
Short-term support lies near 4240–4220; if buyers can hold this level, a brief rebound may occur, at which point opening a small long position could be considered. If the price breaks below 4220, the next key support level to watch is around 4200.
Short-term resistance is located near 4300–4320; as long as sellers maintain this resistance, any rebound will present an opportunity to go short.
