📉 XAU/USD (Gold) Analysis –
Gold is currently trading near an important selling zone, where price has shown rejection in the past. This area may act as strong resistance again.
🔹 Selling Area:
Price is reacting near this supply zone. If bearish candles or rejection appear, selling pressure can increase from $4,337.4-$4,347.7.
🔹 Buying Area:
Below the current price, a strong demand zone is marked. If the market drops into this area, buyers may step in again from $4,273.9-$4,291.4.
📌 Market View
The market is moving between key supply and demand zones. Price action confirmation is important before taking any trade.
⚠️ This is only technical analysis. Always manage risk and do your own research.
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