Gold cools to $4,210 after hitting a six-week high, as traders book gains ahead of key US data. Markets now see an 88% chance of a Fed rate cut next week, supported by soft manufacturing numbers and dovish Fedspeak.
Technical setup: Daily shooting star but still above 20SMA, 4H range-bound, 1H bearish flag.
Trend: Weekly extremely bullish — intraday bullish to neutral.
Key zones: S: 4210/4170/4145 | R: 4245/4275/4320
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