$XAUT at $4,032… Is #GOLD getting ready for a comeback?
Look here! Gold has fallen from nearly $4,700 and is now testing a key support zone around $4,000.
I’m watching this area closely. If buyers defend it, we could see a recovery toward $4,100, then $4,200–$4,270.
But a clear drop below $4,000 could bring more selling pressure.
Gold holders, are we seeing a rebound or another major drop?
$XAU