$XAU IS A BIG GOLD COMEBACK LOADING❓❓
#Gold got rejected near $4,700 and dropped toward $4,100. Now I'm watching for a possible rebound from this support area.
If $4,100 holds, my next upside levels are $4,270 and $4,415. But losing $4,100 could bring $4,000 back into play.
My bias: Cautiously bullish above support.
Are we about to see gold bounce back, or is another dip coming first?
#Gold got rejected near $4,700 and dropped toward $4,100. Now I'm watching for a possible rebound from this support area.
If $4,100 holds, my next upside levels are $4,270 and $4,415. But losing $4,100 could bring $4,000 back into play.
My bias: Cautiously bullish above support.
Are we about to see gold bounce back, or is another dip coming first?