Gold is currently fluctuating near the 4120 level, with sellers remaining in control.
Key Price Levels:
Support at 4100–4080: We can look for short-term buying opportunities if this support holds; the bearish momentum will only weaken if the price breaks above 4180.
Short-term resistance is near 4150, followed by the 4170–4180 zone. If sellers successfully defend these resistance levels, we will look for selling opportunities on any rallies.
Key Price Levels:
Support at 4100–4080: We can look for short-term buying opportunities if this support holds; the bearish momentum will only weaken if the price breaks above 4180.
Short-term resistance is near 4150, followed by the 4170–4180 zone. If sellers successfully defend these resistance levels, we will look for selling opportunities on any rallies.
