#XAUUSD #GOLD

Gold fell more than 240 points today, a significant drop.

Clearly, such a sharp decline is due to profit-taking by gold bulls.

The 4300 level is a short-term psychological support level.

If gold holds above 4300, it may reverse the downward trend.

We can establish long positions around 4300-4310.

If gold breaks below 4300, the downtrend will continue.

Downside support levels: 4280-4260.

The gold market is highly volatile today. I suggest everyone remain patient and wait for the right entry point.

Don't blindly chase the rally; wait patiently.
$XAU

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