#XAUUSD
Gold has tested $4295 and has not yet broken higher.
The $4260–$4258 range offers a buying zone; if gold holds there, it may extend toward resistance at $4398 and then $4308–$4318.
If it breaks those levels, prices could dip slightly, with the strongest support at $4244–$4240, which remains a potential buying entry point.
Gold has tested $4295 and has not yet broken higher.
The $4260–$4258 range offers a buying zone; if gold holds there, it may extend toward resistance at $4398 and then $4308–$4318.
If it breaks those levels, prices could dip slightly, with the strongest support at $4244–$4240, which remains a potential buying entry point.
#GOLD #XAUUSD
As noted, gold faces its strongest support at 4258 and has rebounded from that level toward 4298, which it tested.
Consider the 4298 resistance: a break would likely push gold higher, toward 43008 to 4318.
If gold fails to clear 4298, it may dip selectively toward 4280 to 4278 dollars.
As noted, gold faces its strongest support at 4258 and has rebounded from that level toward 4298, which it tested.
Consider the 4298 resistance: a break would likely push gold higher, toward 43008 to 4318.
If gold fails to clear 4298, it may dip selectively toward 4280 to 4278 dollars.
#Stocks 🔺 as #Oil prices decline after Iran offers to reopen Hormuz Strait
#USD 🔻 on softer US rates
#JPY 🔺 surges on talk of US-Japan Yen coordination & stronger CPI
#EUR 🔺 despite sharp drop in German consumer confidence
#CAD 🔻 held back by lower oil and retail sales
#AUD 🔺 firm ahead of next week's RBA meeting
#USD 🔻 on softer US rates
#JPY 🔺 surges on talk of US-Japan Yen coordination & stronger CPI
#EUR 🔺 despite sharp drop in German consumer confidence
#CAD 🔻 held back by lower oil and retail sales
#AUD 🔺 firm ahead of next week's RBA meeting
📉 SELL 👉 XAUUSD
🔰Entry: 4276
➡️ TP1: 4272
➡️ TP2: 4269
➡️ TP3: 4266
⭕️ SL: 4297
💪🏻 Strength: 3.88
🔰Entry: 4276
➡️ TP1: 4272
➡️ TP2: 4269
➡️ TP3: 4266
⭕️ SL: 4297
💪🏻 Strength: 3.88
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