$XAU remains below the blue descending trendline.
A close above 4220 would signal a potential trendline breakout. If price later closes above 4399, bullish momentum could strengthen further.
Key resistance levels to watch: 4402 – 4696 – 4893 – 4995 – 5597
If price gets rejected from the trendline, downside pressure may continue.
Key support levels: 4122 – 4030 – 3938
A strong reaction from any of these support zones could open the door for another recovery attempt.
$XAU
A close above 4220 would signal a potential trendline breakout. If price later closes above 4399, bullish momentum could strengthen further.
Key resistance levels to watch: 4402 – 4696 – 4893 – 4995 – 5597
If price gets rejected from the trendline, downside pressure may continue.
Key support levels: 4122 – 4030 – 3938
A strong reaction from any of these support zones could open the door for another recovery attempt.
$XAU