🔔 Gold Update (XAU/USD)

Gold is currently showing weakness, and I’ll only consider buying after it makes a proper move either downside or a clear breakout.

📉 Scenario 1 – Ideal Buying Zone:

If gold drops towards 4050 or even 4000–4010, I’ll look for buy opportunities near those levels. That’s where value buying can happen.

📈 Scenario 2 – Breakout Setup:

If gold doesn’t come down and instead breaks 4090 (a small resistance zone) and then corrects around 4100, I’ll look to buy from the correction after the breakout.

⚠️ Current Situation:

Gold remains weak and in the middle range, so there’s no good position right now.

We need to wait — either for a deeper correction to buy lower or a breakout above 4100 to join the upside.

#Gold #XAUUSD #MarketUpdate #TradingPlan 🕰💰