๐ Gold Market Analysis (H4 Timeframe) ๐ฐ
Gold is currently facing strong resistance around the $4086โ$4122 zone, as seen through the Ichimoku Cloud. The price is struggling below the cloud, indicating a bearish trend in the short term.
However, if bulls manage to push above the resistance, we could see a potential reversal in the upcoming sessions.
Stay alert โ volatility may increase as we move closer to key resistance levels. โก
๐น Support: 3927
๐น Resistance: 4086 / 4122
๐น Trend: Bearish to Neutral