$XAU AT $4,032… IS #GOLD GETTING READY FOR A COMEBACK?
Look here! Gold dropped from nearly $4,700 and is now testing a major support zone around $4,000.
I'm watching this area closely. If buyers defend it, we could see a recovery toward $4,100, then $4,200–$4,270.
But a clean break below $4,000 could bring more selling pressure.
Gold holders, are we seeing a bounce or another big drop?
Look here! Gold dropped from nearly $4,700 and is now testing a major support zone around $4,000.
I'm watching this area closely. If buyers defend it, we could see a recovery toward $4,100, then $4,200–$4,270.
But a clean break below $4,000 could bring more selling pressure.
Gold holders, are we seeing a bounce or another big drop?