$XAU Gold trading around $4,407, down 0.38%. We're pulling back from that $4,441 high.
Looking at the chart, we've been in a steady uptrend but now seeing some selling pressure. Currently sitting above $4,380 support.
If $4,380 holds, I expect a bounce back toward $4,441 then $4,468.
If $4,380 breaks, next support is $4,367 then $4,317.
Volume is moderate on this pullback. Watching if buyers step in at support.
Looking at the chart, we've been in a steady uptrend but now seeing some selling pressure. Currently sitting above $4,380 support.
If $4,380 holds, I expect a bounce back toward $4,441 then $4,468.
If $4,380 breaks, next support is $4,367 then $4,317.
Volume is moderate on this pullback. Watching if buyers step in at support.