#GOLD is under pressure today.
XAU/USD is trading around $4,270–$4,285 per ounce, with sellers still active. Strong US data, rising Treasury yields and a stronger dollar are weighing on gold.
Key levels to watch:
Support: $4,250
Resistance: $4,300–$4,347
For now, I’m watching the reaction around $4,250–$4,300 before taking any trade.
What do you think — bounce or more downside?
#Gold #XAUUSD #GoldTrading #Forex #Trading
XAU/USD is trading around $4,270–$4,285 per ounce, with sellers still active. Strong US data, rising Treasury yields and a stronger dollar are weighing on gold.
Key levels to watch:
Support: $4,250
Resistance: $4,300–$4,347
For now, I’m watching the reaction around $4,250–$4,300 before taking any trade.
What do you think — bounce or more downside?
#Gold #XAUUSD #GoldTrading #Forex #Trading