Technically, gold is under pressure. The market is testing 4510; a close below this support level will open a new range of 450–4400 (4350). A close below 4510 could become a technical driver for the continuation of the decline
Resistance levels: 4588, 4607, 4646
Support levels: 4510, 4400, 4350
From the opening of the session, the market may form a local pullback aimed at liquidity hunting. As part of the correction, gold may test the resistance zone of 4588–4607 .
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