$XAU Bulls, Is Gold Finally Ready for a Comeback?
#Gold got rejected near $4,700 and dropped toward $4,100, but buyers are now trying to build momentum around $4,180!
I'm cautiously bullish while the $4,100 support holds. A recovery above $4,270 could open the door toward $4,380. But losing $4,100 would put $4,000 back in focus.
Gold traders, is this the start of a powerful recovery toward $4,400, or are bears just waiting to crush the next bounce? Are you backing the bulls or bears?
#Gold got rejected near $4,700 and dropped toward $4,100, but buyers are now trying to build momentum around $4,180!
I'm cautiously bullish while the $4,100 support holds. A recovery above $4,270 could open the door toward $4,380. But losing $4,100 would put $4,000 back in focus.
Gold traders, is this the start of a powerful recovery toward $4,400, or are bears just waiting to crush the next bounce? Are you backing the bulls or bears?