XAUUSD | 4H Outlook
Price is trading below a key resistance zone, keeping short-term bearish pressure intact.
Sell Zone:
4,690 – 4,700 rejection can lead to downside toward 4,590 – 4,565.
Buy Zone:
If price reacts strongly from 4,580 – 4,565, a short-term bounce back into resistance is possible.
Bias:
• Below resistance = bearish
• Reclaim above = bullish shift
Price is trading below a key resistance zone, keeping short-term bearish pressure intact.
Sell Zone:
4,690 – 4,700 rejection can lead to downside toward 4,590 – 4,565.
Buy Zone:
If price reacts strongly from 4,580 – 4,565, a short-term bounce back into resistance is possible.
Bias:
• Below resistance = bearish
• Reclaim above = bullish shift
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.