XAU/USD may fall 178.00 – 308.00 USD

Our preference

Short positions below 4960 with targets at 4540 & 4410 in extension.

5,240.000 Resistance ...

5,110.000 Resistance ..

4,960.000 Resistance.

4,718.000 Last

4,960.000 Pivot

4,540.000 Support.

4,410.000 Support..

4,270.000 Support...

The RSI is mixed with a bearish bias.

Alternative scenario

Above 4960 look for further upside with 5110 & 5240 as targets.

$XAU

XAU
XAUUSDT
4,671.01
-1.11%

#USGovShutdown #MarketCorrection