Gold is holding above the marked demand zone after a strong bullish rebound, showing buyers are still controlling the short-term trend.
The recent pullback looks like a healthy retest, and price stability above support could trigger another bullish continuation toward higher resistance levels.
Momentum remains positive as higher lows continue forming on the 4H timeframe, signaling strong market confidence in upside movement.
If buyers maintain control above the highlighted zone, XAUUSD may push toward the 4800 and 4960 resistance areas in the coming sessions.
Market sentiment is also supported by ongoing safe-haven demand and expectations of softer monetary policy outlooks, keeping gold fundamentally strong.
Traders will closely watch upcoming US economic data and Federal Reserve signals, which could add further volatility and momentum to the bullish setup.
The recent pullback looks like a healthy retest, and price stability above support could trigger another bullish continuation toward higher resistance levels.
Momentum remains positive as higher lows continue forming on the 4H timeframe, signaling strong market confidence in upside movement.
If buyers maintain control above the highlighted zone, XAUUSD may push toward the 4800 and 4960 resistance areas in the coming sessions.
Market sentiment is also supported by ongoing safe-haven demand and expectations of softer monetary policy outlooks, keeping gold fundamentally strong.
Traders will closely watch upcoming US economic data and Federal Reserve signals, which could add further volatility and momentum to the bullish setup.
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✅ ✅✅Join our Free Forex Community Telegram Channel here.
Hit the Link below
👇👇👇
linkin.bio/andrewstelegramfamily
Hit the Link below
👇👇👇
linkin.bio/andrewstelegramfamily
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.