Gold $XAU Analysis Update 🚨
Gold has flushed through the $4,200 zone and is now trading around $4,145.
The key support sits around $4,140–$4,125, with $4,120 being the major level I’m watching for a deeper sweep.
Gold can either front-run $4,120 and reverse, or sweep the $4,120 level first before a bigger bounce.
On the upside, $4,195–$4,200 is the first major resistance, followed by $4,225–$4,235.
Watching $4,120–$4,140 closely for the next major reaction.
Gold has flushed through the $4,200 zone and is now trading around $4,145.
The key support sits around $4,140–$4,125, with $4,120 being the major level I’m watching for a deeper sweep.
Gold can either front-run $4,120 and reverse, or sweep the $4,120 level first before a bigger bounce.
On the upside, $4,195–$4,200 is the first major resistance, followed by $4,225–$4,235.
Watching $4,120–$4,140 closely for the next major reaction.
