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BTCvision
ยท
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Bearish
$XAU Trend: Short-term bearish, but still within a broader consolidation range. The last two large red candles show strong selling pressure after the rejection near 4120โ4135. Volume increased during the decline, indicating sellers are currently in control.
Key Levels Support 1: 4025โ4030 (price is testing this zone now) Support 2: 3990โ4000 Resistance 1: 4065โ4080 Resistance 2: 4120โ4135
Trading Idea Bullish: If the daily candle closes above 4065, gold could recover toward 4120. Bearish: If 4025 breaks and the candle closes below it, the next target is 3990โ4000. Today's Bias 60% Bearish / 40% Bullish
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.ย See T&Cs.
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