$XAU hit short-term support at 4230 last night. The bulls are still rather weak. If you have long positions, remember to take note above/beside that 4230 wick. If it breaks that level, the target will be around 4100–4050. Short-term resistance is at 4401. On the daily timeframe, the market needs to break above this resistance for another push higher. Rate hikes are bearish in the short term; after consolidation and repair, the outlook remains bullish.

#TRADEHERE👇🏻