Gold Spot / U.S. Dollar
Short

#XAUUSD 4H

71
XAUUSD Analysis (4H Timeframe)

The price is currently consolidating, presenting a potential selling opportunity near the resistance zone of 2652.00–2648.00.

Suggested Targets:

2606.00

2581.00

2555.92


Important Note:
If the price closes above 2655.00, avoid initiating sell positions, as this could indicate a bullish continuation toward 2720.

At this stage, it is recommended to avoid placing pending orders. Wait for strong bearish confirmations before entering a trade.

Wishing you successful trading!

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