$XAU is trading around 4,149.70 with a small 0.30% decline. The current area looks more balanced, with momentum not strongly favoring buyers from the visible move.
For a bullish setup, I’d want price to regain strength around the current zone. Continued weakness would invalidate the idea and keep sellers in focus.
For a bullish setup, I’d want price to regain strength around the current zone. Continued weakness would invalidate the idea and keep sellers in focus.