⚠️ GOLD ($XAU / $XAUT USD) SLIPS TO 2-MONTH LOW NEAR $4,060! 📉
Spot Gold is taking a heavy hit today, dropping into the $4,060 – $4,080 demand zone as spiking crude oil prices raise fresh inflation worries.
📊 Critical Levels:
• Immediate Support: $4,050 – $4,060
• Major Breakdown Level: $4,000
• Key Resistance: $4,120 – $4,150
🎯 Trade Setup:
• Hold $4,050: Watch for a relief bounce toward $4,120.
• Break $4,050: Next stop is liquidity sweep at $4,000.
👇 Is $4,060 the ultimate bottom or are we going sub-$4,000? Drop your trade call in the comments!
#GOLD #XAUUSD #commodities #BinanceSquare #MarketWatch
Spot Gold is taking a heavy hit today, dropping into the $4,060 – $4,080 demand zone as spiking crude oil prices raise fresh inflation worries.
📊 Critical Levels:
• Immediate Support: $4,050 – $4,060
• Major Breakdown Level: $4,000
• Key Resistance: $4,120 – $4,150
🎯 Trade Setup:
• Hold $4,050: Watch for a relief bounce toward $4,120.
• Break $4,050: Next stop is liquidity sweep at $4,000.
👇 Is $4,060 the ultimate bottom or are we going sub-$4,000? Drop your trade call in the comments!
#GOLD #XAUUSD #commodities #BinanceSquare #MarketWatch