Gold prices have now dropped below 4170, so everyone should keep an eye on the 4150–4165 range; there's a chance for a bounce back up here.
Key support below is at 4100, and if the price drops here, we can expect strong buying pressure to hold it up.
If gold rebounds to the 4220–4230 range, it's a good point to short. $XAU
Key support below is at 4100, and if the price drops here, we can expect strong buying pressure to hold it up.
If gold rebounds to the 4220–4230 range, it's a good point to short. $XAU