#XAUUSD#FX#GOLD
📌Trend Summary: Downward
Selling Range: 3,995 – 4,005
Target: 3980-3960
Market Outlook: A prolonged rise without a breakout will likely lead to a fall. A breakout above the 4020-30 range would invalidate the sell signal.
Gold prices are currently fluctuating around 4000, with upward resistance remaining in the 4020-4040 area.
If the European session fails to break through strongly, prices will likely continue to fall.
Support lies at 3970-3960; a break below this level would target 3920
#XAUUSD
#XAUUSD#GOLD#CPI
On the four-hour chart, gold is holding above the support level of $3339-3345, with nearby resistance at 3401
Technical patterns suggest that gold prices could retest support before continuing to rise to $3430-3450. As long as $3340 holds, the medium-term uptrend remains stable.