$XAU

๐Ÿ”น Current Price: 4,224

๐Ÿ”น Strong Support Zone: 4,025 โ€“ 4,050

๐Ÿ”น Immediate Resistance: 4,240 โ€“ 4,270

๐Ÿ”น Major Resistance: 4,400

Technical Outlook:

Price is still trading below the EMA 7 (4,241), which means buyers need more strength to confirm a reversal.

The EMA 25 (4,387) and EMA 99 (4,581) remain well above the current price, indicating that the overall trend is still bearish.

A strong bounce from 4,025 suggests buyers are defending that level.

What to Watch Next:

If Gold breaks and closes above 4,270, the next targets could be 4,350 โ€“ 4,400.

If Gold falls below 4,180, selling pressure may increase, with possible moves toward 4,100 and then 4,025.

XAU
XAUUSDT
4,227.87
+0.41%