$XAU 4H is approaching a strong resistance zone where the downtrend line meets price.
I’m watching for a rejection here. If sellers defend this zone, gold could continue lower toward $4,000 and potentially the lower trendline.
⚠️ If price breaks and holds above the resistance zone, the bearish scenario could weaken.
🎯Trading plans are everything.
#GOLD #XAU
I’m watching for a rejection here. If sellers defend this zone, gold could continue lower toward $4,000 and potentially the lower trendline.
⚠️ If price breaks and holds above the resistance zone, the bearish scenario could weaken.
🎯Trading plans are everything.
#GOLD #XAU