On the H4 (4-hour) timeframe, gold remains within a sideways consolidation range, while the H1 (1-hour) timeframe continues to exhibit a bearish structure.
#GOLD
The 4,160–4,170 zone serves as a key resistance level that sellers must defend.
Resistance levels: 4,160–4,170 | 4,200–4,225 | 4,260 | 4,280
Support levels: 4,100–4,105 | 4,070–4,080 | 4,060 | 4,040–4,025
Current range: Focus initially on price action between 4,105 and 4,160.
#GOLD
The 4,160–4,170 zone serves as a key resistance level that sellers must defend.
Resistance levels: 4,160–4,170 | 4,200–4,225 | 4,260 | 4,280
Support levels: 4,100–4,105 | 4,070–4,080 | 4,060 | 4,040–4,025
Current range: Focus initially on price action between 4,105 and 4,160.