🟡 GOLD 4H UPDATE
Gold took a sharp rejection from the 4,300–4,320 zone and dropped toward 4,104 support.
Since then, price has started recovering and is now back above the short-term EMA cluster.
For now, 4,104 remains the key support, while 4,200–4,220 is the immediate area to watch.
Gold is currently in recovery/consolidation after the selloff. A clean move above the nearby resistance would confirm stronger momentum.$
Gold took a sharp rejection from the 4,300–4,320 zone and dropped toward 4,104 support.
Since then, price has started recovering and is now back above the short-term EMA cluster.
For now, 4,104 remains the key support, while 4,200–4,220 is the immediate area to watch.
Gold is currently in recovery/consolidation after the selloff. A clean move above the nearby resistance would confirm stronger momentum.$
