🟡 Gold (XAUUSD) – Market Overview
Gold is currently trading in a corrective phase after a strong bearish move. Price has bounced from recent lows, but the overall structure still favors sellers unless key resistance levels are broken.
The recovery appears technical rather than trend-changing, suggesting the move is a pullback within a broader downtrend. Sellers are expected to re-enter near major resistance zones, while buyers remain cautious below them.
🔑 Important Levels
Resistance: 4800 – 4850 | 4880 (trend shift level)
Support: 4720 – 4700 | 4650 – 4620
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