$XAU Gold is attempting a recovery after its recent decline, but buyers still need to break key resistance levels to confirm stronger bullish momentum. The market outlook remains mixed, with downside risk if resistance holds.
Gold may remain volatile, with a potential recovery if buyers reclaim resistance; otherwise, downside pressure may continue.
- R1: $4,216
- R2: $4,250
- Bullish Target: $4,399
- S1: $4,100
- S2: $3,998
📈 BUY Scenario: A confirmed breakout and hold above $4,250 could open the way toward $4,399.
📉 SELL Scenario: Rejection below resistance followed by a break of $4,100 could expose the $3,998 support zone.
#GOLD #XAUUSD
Gold may remain volatile, with a potential recovery if buyers reclaim resistance; otherwise, downside pressure may continue.
- R1: $4,216
- R2: $4,250
- Bullish Target: $4,399
- S1: $4,100
- S2: $3,998
📈 BUY Scenario: A confirmed breakout and hold above $4,250 could open the way toward $4,399.
📉 SELL Scenario: Rejection below resistance followed by a break of $4,100 could expose the $3,998 support zone.
#GOLD #XAUUSD