๐จ GOLD $XAU โ KEY LEVELS TO WATCH
Gold is currently around $4,130โ$4,160 after recently dropping to a two-month low.
The key battle zone is here. ๐
๐ข If Gold reclaims $4,200โ$4,275:
โ Momentum can turn bullish
โ $4,300+ becomes possible
๐ด If $4,100โ$4,115 breaks decisively:
โ $4,055
โ $4,000 could come into focus
Iโm not interested in blindly chasing here. Iโd rather wait for confirmation around the key levels and look for a cleaner entry.
โ ๏ธ Strong USD + higher Treasury yields are currently putting pressure on Gold.
Not financial advice. DYOR.
#XAU $XAUT
Gold is currently around $4,130โ$4,160 after recently dropping to a two-month low.
The key battle zone is here. ๐
๐ข If Gold reclaims $4,200โ$4,275:
โ Momentum can turn bullish
โ $4,300+ becomes possible
๐ด If $4,100โ$4,115 breaks decisively:
โ $4,055
โ $4,000 could come into focus
Iโm not interested in blindly chasing here. Iโd rather wait for confirmation around the key levels and look for a cleaner entry.
โ ๏ธ Strong USD + higher Treasury yields are currently putting pressure on Gold.
Not financial advice. DYOR.
#XAU $XAUT