[Gold Morning Session Quick Update]
Yesterday, gold prices surged to 4435 but met resistance, followed by weak sideways movement as bullish momentum faded. The US dollar and U.S. Treasury yields have restrained the upside. In the short term, bears are in control; rebounds are for repair, not a reversal.
Action: Sell 4435-4450, target 4380-4300.#XAUUSD❤️
Yesterday, gold prices surged to 4435 but met resistance, followed by weak sideways movement as bullish momentum faded. The US dollar and U.S. Treasury yields have restrained the upside. In the short term, bears are in control; rebounds are for repair, not a reversal.
Action: Sell 4435-4450, target 4380-4300.#XAUUSD❤️