What are your thoughts on $XAU today? đ€
Despite a brief bounce, high inflation is making it difficult for gold to rally. The market is currently waiting for a catalyst from Kevin's speech.
On the 4H structure:
đ» Key level rejection at the resistance area
đ» Potential movement testing the $3928 - $3765 support
Bias: Bearish đ
Despite a brief bounce, high inflation is making it difficult for gold to rally. The market is currently waiting for a catalyst from Kevin's speech.
On the 4H structure:
đ» Key level rejection at the resistance area
đ» Potential movement testing the $3928 - $3765 support
Bias: Bearish đ
