Potential Support & Buying Zones: 4318–4312 (Scalping only) 4307–4301 4296–4290 4282–4275
A clear break and close below 4282 may increase selling pressure and open the way toward:
4260 → 4236 → 4221 → 4208
Potential Resistance & Selling Zones: 4337–4341 (Scalping only) 4355–4361 4368–4375 4381–4387
A clear break and close above 4380 would increase the probability of an upward corrective move toward:
4403 → 4414 → 4426 → 4438
KEY LEVEL 4365–4375 Holding below this zone: keeps the bearish scenario intact. Breaking and closing above this zone: supports an extension of the upward correction.
Market Factors: Gold traders are closely watching comments from Federal Reserve officials for further signals on the future path of interest rates following the latest hawkish tone. Meanwhile, lower U.S. Treasury yields are easing some of the pressure on gold. At the same time, ongoing geopolitical tensions continue to support safe-haven demand, which may contribute to increased volatility during today’s trading sessions.
Disclaimer: Avoid entering trades without clear confirmation signals. Always adhere to proper capital management, stop-loss placement, and risk management.