$XAU (Gold) Technical Outlook🚨

$XAU is under pressure after the recent US CPI report . currently its struggling to hold on $4000
The asset is currently in a sustained 12-hour crash, which saw a low of $4,080 today.‼️

👉🏻 Key Price Zones

🔴 Critical Support📉

$4005 is the 'Last Hope' zone. Failed to hold above this will trigger pressue towards $3970 to $3980‼️

🟢 Primary & posive zone 📈

To trigger further upward momentum we need a resistance from $4250 to $4280🚀

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