Gold is currently trading around 4,493, showing signs of short-term weakness after a strong bullish impulse. The market recently experienced a sharp upward move, pushing price into a key resistance zone near 4,540 – 4,580, where selling pressure has emerged.
now price in a downward phase, with sellers in control—price making lower highs and lower lows. That bearish pressure eventually slowed, and the market began to base and accumulate, forming a gradual transition into an uptrend.
Key zones to focus on
Resistance: 4,530 – 4,580
Support / Demand: 4,460 – 4,480
The Gold strong rally, price is now pulling back and consolidating below resistance the structure shows lower highs forming, indicating temporary bearish pressure.
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now price in a downward phase, with sellers in control—price making lower highs and lower lows. That bearish pressure eventually slowed, and the market began to base and accumulate, forming a gradual transition into an uptrend.
Key zones to focus on
Resistance: 4,530 – 4,580
Support / Demand: 4,460 – 4,480
The Gold strong rally, price is now pulling back and consolidating below resistance the structure shows lower highs forming, indicating temporary bearish pressure.
“If you come across this post, please like, comment, and share. Thanks!”
Trade closed: target reached
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✅FREE FOREX Signals in Telegram
t.me/+KACKRUbWuQoyMmZk
✅ Suggest News Channel
t.me/addlist/HQkSG2wvcytjYmJk
t.me/+KACKRUbWuQoyMmZk
✅ Suggest News Channel
t.me/addlist/HQkSG2wvcytjYmJk
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.