
u/Amelia_Rose70

▲ 1 r/Forexstrategy
Analysis...
*Gold* is under pressure after *failing to stay above 4570.*
Current price around 4536 shows *short-term bearish* momentum, mainly supported by a stronger US dollar and high bond yields.
*Resistance:* 4555 – 4570/4595
*Support:* 4518/ 4490 – 4475
As price *rejected from 4570*, sellers are still active near higher levels and gold may remain weak unless it breaks above resistance.
u/Amelia_Rose70 — 1 day ago
▲ 2 r/Forexstrategy
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u/Amelia_Rose70 — 9 days ago