Gold 8H: What would change the bearish structure?
On the October 4 XAUUSD chart, price remains below the trend cloud.
A rebound toward 4,190–4,255 would test nearby resistance, followed by 4,300–4,330. If selling pressure persists, lower support lies near 4,060 and 3,964.
An 8H close above 4,330 would warrant reassessing the bearish scenario. A rebound alone would not confirm a reversal.
Chart-based analysis for educational purposes; not financial advice.
#GOLD #XAUUSD #TechnicalAnalysis
On the October 4 XAUUSD chart, price remains below the trend cloud.
A rebound toward 4,190–4,255 would test nearby resistance, followed by 4,300–4,330. If selling pressure persists, lower support lies near 4,060 and 3,964.
An 8H close above 4,330 would warrant reassessing the bearish scenario. A rebound alone would not confirm a reversal.
Chart-based analysis for educational purposes; not financial advice.
#GOLD #XAUUSD #TechnicalAnalysis
