Short-Term Outlook (Next 1-7 Days)
Gold is predicted to enter a volatile consolidation phase between $4,950 - $5,100, following its sharp rejection from the $5,058–$5,060 resistance zone. The failed rally and close below $5,050 indicate that sellers remain in control. A retest of the $4,956 swing low is highly likely as momentum remains bearish. Should this level break, a swift move toward $4,850–$4,900 becomes the base case. Any relief rally is expected to be sold into until $5,100 is sustainably reclaimed. #XAU #XAUUSD #XAU_USD #XAU_USD #XAUUSD❤️
XAUUSDT
Perp.
4,877.36
-9.44%