🔥Gold’s rebound hits resistance! Bullish momentum is fading—how to trade the range?

Gold rebounded from 4033 and made several pushes higher, but stalled near 4140 as selling pressure overhead came in strong!
The 1-hour MACD is still showing a bullish crossover, but the histogram bars keep shrinking. Rebound momentum is clearly weakening, and the bulls are running out of steam ⚠️

The 4-hour chart remains range-bound
✅ Support: 4085–4090
✅ Resistance: 4140–4145
After pulling back in the morning session, gold rebounded in line with our weekend outlook. It’s now facing pressure and pulling back, so trade with a range-bound approach in the short term.
Key opportunity: If price retests 4085–4092 and holds steady, consider a long position.
Targets: 4100 → 4115 → 4130

💬The big question:
Will gold’s current move extend the range, or break straight through 4140 and open up new territory?
Are you leaning toward an upside breakout, or another pullback under pressure? Share your thoughts in the comments 👇

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