๐ XAUUSD 4H Market Update
Gold is showing a short-term recovery from the 4,050 demand zone, but the overall 4H structure remains bearish below key resistance.
๐ด Bias: Bearish
๐ Current Price: 4,218
Key Levels ๐ข Support: 4,170 โ 4,050
๐ด Resistance: 4,440 โ 4,490
Sell Scenario โ Rejection below 4,440โ4,490
๐ฏ TP1: 4,437
๐ฏ TP2: 4,386
๐ฏ TP3: 4,335
๐ฏ TP4: 4,284
๐ฏ TP5: 4,233
โ ๏ธ Gold is rebounding from demand, but sellers remain in control until a strong break above resistance. Manage risk and wait for confirmation. #XAUUSD #Gold #Forex #SMC
Gold is showing a short-term recovery from the 4,050 demand zone, but the overall 4H structure remains bearish below key resistance.
๐ด Bias: Bearish
๐ Current Price: 4,218
Key Levels ๐ข Support: 4,170 โ 4,050
๐ด Resistance: 4,440 โ 4,490
Sell Scenario โ Rejection below 4,440โ4,490
๐ฏ TP1: 4,437
๐ฏ TP2: 4,386
๐ฏ TP3: 4,335
๐ฏ TP4: 4,284
๐ฏ TP5: 4,233
โ ๏ธ Gold is rebounding from demand, but sellers remain in control until a strong break above resistance. Manage risk and wait for confirmation. #XAUUSD #Gold #Forex #SMC