🟡 $GOLD PULLS BACK, BUT SUPPORT STILL HOLDS
$Gold finished last week in the red, but buyers managed to defend the FOMC lows even as yields pushed higher.
With such a clear support zone underneath, I’d like to see a sweep below it and a stop hunt before looking for a reversal.
Otherwise, bulls need to reclaim $4,400 to strengthen the upside setup. 👀
$Gold finished last week in the red, but buyers managed to defend the FOMC lows even as yields pushed higher.
With such a clear support zone underneath, I’d like to see a sweep below it and a stop hunt before looking for a reversal.
Otherwise, bulls need to reclaim $4,400 to strengthen the upside setup. 👀
