š Gold (XAU/USD) Analysis
Gold is currently moving in a range, and the market is respecting key demand zones.
š¹ Strong Buying Area:
This zone has previously shown strong buying pressure. If price revisits this area$4,273.9-$4,291.4,buyers may step in again and push the market upward.
š¹ Weak Buying Area:
This is a minor demand zone. Price may react here, but confirmation (bullish candles or rejection) is needed before expecting a move up from $4,298.5-$4,307.4.
š Overall View:
The trend is still neutral to bullish as long as price stays above the main buying area. A breakdown below this zone could bring more downside pressure.
ā ļø This is only technical analysis. Always manage risk and do your own research before trading.
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