Gold is testing market confidence right now. $XAU is trading near $3,902, with sellers still applying pressure after a recent pullback.
A hold above $3,845 could give buyers room for a recovery toward $3,960 and $4,040. But losing support may open the door to another downside move.
The next breakout could decide the short-term direction. Are buyers ready to take control?
A hold above $3,845 could give buyers room for a recovery toward $3,960 and $4,040. But losing support may open the door to another downside move.
The next breakout could decide the short-term direction. Are buyers ready to take control?