XAUUSD | M15 Update
Gold has broken below the previously highlighted 3,955 level and is now trading around 3,951.
Key areas to monitor:
• 3,925–3,938 — nearby support
• 3,970–3,980 — first resistance on a rebound
• 4,005–4,020 — stronger resistance
After an extended downside move, the reaction around the lower support area may be more important than chasing further weakness.
For market analysis and educational purposes only.
Gold has broken below the previously highlighted 3,955 level and is now trading around 3,951.
Key areas to monitor:
• 3,925–3,938 — nearby support
• 3,970–3,980 — first resistance on a rebound
• 4,005–4,020 — stronger resistance
After an extended downside move, the reaction around the lower support area may be more important than chasing further weakness.
For market analysis and educational purposes only.
