đš GOLD (XAU/USD) â CRITICAL SUPPORT TEST! đ„đ
Gold is trading around the $4,255â$4,285 zone after recent selling pressure.
Here are the levels Iâm watching đ
đ GOLD PRICE MAP
$4,405 âââââââââ đŽ MAJOR RESISTANCE
â
$4,350 âââââââââ đ RESISTANCE
â
$4,300 âââââââââ đĄ BREAKOUT / RECOVERY LEVEL
â
$4,285 âââââââââ đĄ CURRENT AREA
â
âââââââââââ
â đ„ â
â đ„đ„đ„ â â Selling pressure
ââââââŹâââââ
â
$4,255 âââââââââ đą KEY SUPPORT
â
$4,235 âââââââââ đą IMPORTANT SUPPORT
â
$4,200 âââââââââ đ” NEXT SUPPORT
â
$4,160 âââââââââ đ” DEEPER SUPPORT
đ BULLISH SCENARIO
đ© Gold holds $4,235â$4,255
âŹïž
Bullish candle confirmation
âŹïž
Breaks $4,300
âŹïž
đŻ Watch $4,350 â $4,405
đ BEARISH SCENARIO
đ„ Strong candle closes below $4,235
âŹïž
Selling volume increases
âŹïž
đŻ Watch $4,200 â $4,160
đĄ KEY LEVELS
đą Support: $4,235â$4,255
đĄ Pivot/decision zone: $4,285â$4,300
đŽ Resistance: $4,350â$4,405
The latest technical data shows a daily Strong Sell reading, while RSI is around 50, meaning momentum is not yet deeply oversold.
đ„ TRADING TIP
Don't chase a red candle.
Wait for:
CANDLE CLOSE đŻïž + VOLUME đ + RETEST đ
A move above $4,300 would improve the short-term structure, while a clean break below $4,235 would increase downside risk.
đ What do you think?
đ„ Gold rebounds from support or đ» breaks below $4,235?
#XAUUSD #GoldTrading #BinanceSquare #TechnicalAnalysis #GoldAnalysis
Gold is trading around the $4,255â$4,285 zone after recent selling pressure.
Here are the levels Iâm watching đ
đ GOLD PRICE MAP
$4,405 âââââââââ đŽ MAJOR RESISTANCE
â
$4,350 âââââââââ đ RESISTANCE
â
$4,300 âââââââââ đĄ BREAKOUT / RECOVERY LEVEL
â
$4,285 âââââââââ đĄ CURRENT AREA
â
âââââââââââ
â đ„ â
â đ„đ„đ„ â â Selling pressure
ââââââŹâââââ
â
$4,255 âââââââââ đą KEY SUPPORT
â
$4,235 âââââââââ đą IMPORTANT SUPPORT
â
$4,200 âââââââââ đ” NEXT SUPPORT
â
$4,160 âââââââââ đ” DEEPER SUPPORT
đ BULLISH SCENARIO
đ© Gold holds $4,235â$4,255
âŹïž
Bullish candle confirmation
âŹïž
Breaks $4,300
âŹïž
đŻ Watch $4,350 â $4,405
đ BEARISH SCENARIO
đ„ Strong candle closes below $4,235
âŹïž
Selling volume increases
âŹïž
đŻ Watch $4,200 â $4,160
đĄ KEY LEVELS
đą Support: $4,235â$4,255
đĄ Pivot/decision zone: $4,285â$4,300
đŽ Resistance: $4,350â$4,405
The latest technical data shows a daily Strong Sell reading, while RSI is around 50, meaning momentum is not yet deeply oversold.
đ„ TRADING TIP
Don't chase a red candle.
Wait for:
CANDLE CLOSE đŻïž + VOLUME đ + RETEST đ
A move above $4,300 would improve the short-term structure, while a clean break below $4,235 would increase downside risk.
đ What do you think?
đ„ Gold rebounds from support or đ» breaks below $4,235?
#XAUUSD #GoldTrading #BinanceSquare #TechnicalAnalysis #GoldAnalysis