📊 Quick Technical Analysis of the Market
Forex _XAUUSD
The price is currently moving near a strong resistance area between 4004 – 4013 👀
If it breaks and holds above it, a continuation upwards towards 4019 then 4028 is expected 🔼
On the other hand, if the breakout fails and a price rejection occurs, we might see a correction towards 3993 then 3970 🔽
📈 I am monitoring the interaction with this area to confirm the upcoming trend,
The analysis is based on price movement and support and resistance.
⚠️ This analysis is for educational purposes only and is not a financial recommendation.