$Gold Spot
Current Price: $4,392.33
Trend: Slightly bearish in the very short term, down 0.23%.
Key Levels:
Resistance:
~$4,394–4,400
Support: ~$4,383–4,370
Chart Observation:
Price is hovering near the daily low ($4,383.95) and struggling to break above
$4,394.56. The 1-hour candle shows minor selling pressure.
Volume & Tokenized Activity:
Tokenized volume surged +116.76% to $150.68M, indicating
increased interest, possibly whale movement or accumulation.
Trade Idea (3TP – Take Profit Targets):
If entering long near support ($4,385–4,383):
TP1: $4,395
TP2: $4,405
TP3: $4,420
If breaking below $4,380, consider short with
targets:
TP1: $4,370
TP2: $4,360
TP3: $4,350
Risk Note:
Tokenized gold tracks physical gold but can be more volatile. Watch Bitcoin and
USD movements for indirect pressure. Set tight stops (~$10–15 risk). #GOLD
