XAUUSD (GOLD) 4H Chart short
Factors to watch for gold price action-
Global stock market- Bearish (Positive for gold)
US dollar index –Bullish (negative for gold)
US10-year bond yield- Bullish (Negative for gold)
Technical:
The near–term support is around $1800, violation below targets $1780/$1760/$1750. Significant reversal only below 1750.The yellow metal facing strong resistance $1835, any violation above will take to the next level $1860/$1877/$1912 is possible.
DISCLAIMER: ((trade based on your own decision ))
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Global stock market- Bearish (Positive for gold)
US dollar index –Bullish (negative for gold)
US10-year bond yield- Bullish (Negative for gold)
Technical:
The near–term support is around $1800, violation below targets $1780/$1760/$1750. Significant reversal only below 1750.The yellow metal facing strong resistance $1835, any violation above will take to the next level $1860/$1877/$1912 is possible.
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
Disclaimer
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