Gold is trading between support at 4,278 and resistance at 4,303–4,305. I’m watching for a confirmed break and retest before considering either direction.
📈 Bullish scenario: A break above 4,305 followed by a successful retest could open the path toward 4,320–4,321. The chart marks the bullish invalidation area near 4,294.
📉 Bearish scenario: A break below 4,278 followed by a failed retest could bring 4,259–4,260 into view. The chart marks 4,289.7 as the bearish invalidation level.
These are conditional projections based on the chart, not confirmed entries. Trading carries risk. Trade wisely.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.