$XAU BACK AT $4,000 ... IS A BIG RECOVERY COMING?
#Gold has fallen from its $4,700 local top and is now testing an important buy zone around $3,950–$4,050
I’m watching this area closely because buyers defended it before.
If support holds, we could see a recovery towards $4,100, $4,200 and eventually $4,280.
But a clear break below $3,950 could bring more selling. For now, this support zone is the key.
#Gold has fallen from its $4,700 local top and is now testing an important buy zone around $3,950–$4,050
I’m watching this area closely because buyers defended it before.
If support holds, we could see a recovery towards $4,100, $4,200 and eventually $4,280.
But a clear break below $3,950 could bring more selling. For now, this support zone is the key.
