$XAU (Gold) – Technical Analysis
Trend: 15M and 1H are bullish, with strong upward momentum; however, 4H and Daily remain bearish.
Resistance: 4,075–4,100 is the immediate supply zone. A breakout could target 4,150 and then 4,200.
Support: 4,040–4,050 is the first pullback area; stronger demand lies around 3,920–3,890.
Prediction: Bullish continuation is possible after a pullback and successful retest of 4,040–4,050. Watch for rejection at 4,100.
#gold
Trend: 15M and 1H are bullish, with strong upward momentum; however, 4H and Daily remain bearish.
Resistance: 4,075–4,100 is the immediate supply zone. A breakout could target 4,150 and then 4,200.
Support: 4,040–4,050 is the first pullback area; stronger demand lies around 3,920–3,890.
Prediction: Bullish continuation is possible after a pullback and successful retest of 4,040–4,050. Watch for rejection at 4,100.
#gold
