$XAU / GOLD ๐ค
The key bullish/bearish pivot is currently around 4400. If price breaks below 4400, bearish momentum takes control, and the preferred strategy is to sell pullbacks where resistance holds.
On the upside, a break and hold above 4429 would shift the bias bullish, with the strategy changing to buying pullbacks where support holds. Keep a close eye on the 4450 resistance. If price fails to break above 4450, this area could offer an attractive short opportunity.
#GOLD #BTCVSGOLD
The key bullish/bearish pivot is currently around 4400. If price breaks below 4400, bearish momentum takes control, and the preferred strategy is to sell pullbacks where resistance holds.
On the upside, a break and hold above 4429 would shift the bias bullish, with the strategy changing to buying pullbacks where support holds. Keep a close eye on the 4450 resistance. If price fails to break above 4450, this area could offer an attractive short opportunity.
#GOLD #BTCVSGOLD