$XAU Good morning, brothers Yesterday broke above the

Post

$XAU
Good morning, brothers

Yesterday broke above the high at 4115, and currently it has pulled back to around 4050

Key points to watch:
Resistance at 4115—breakout targets 4150–4200

Support at 3950—if it breaks, the target is 3850

Important data will be released tonight. Until the market direction is clear, don’t enter the trade!

MagaBTC

Good afternoon, brothers! Congratulations to the brothers who have kept shorting and holding on!
$XAU

Yesterday, the gold price quickly dropped from 4020 to 3943. After bouncing back to 4065 last night, it fell again in the early hours.

Right now, the price is still being pressured downward within the downward channel.

Today, key to watch:
Resistance at 4065 above. Only if it holds above will the downward structure change and a new rebound be triggered.

Support at 3970 below. If this breaks, 3940 is very likely to be unable to hold.

A break below 3940 may accelerate the move down to below 3900. In the short term, the overall outlook remains weak~

Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.

XAU+0.17%