Gold (XAU/USDT) today's trend analysis is here. This current price movement is indeed still within the control of the bulls, but to place trades you need to identify the key levels clearly. The core pivot for the day is at 4447, and to accurately grasp the direction you need to start from here. The resistance levels above are concentrated in the 4487, 4519, 4559 to 4591 range, and once it breaks above you need to be careful about pullbacks. Conversely, there are plenty of support levels below — 4415, 4375, 4343, 4303 lined up in order, these levels are either bounce points or final defensive lines. The current situation is whether the bulls can continue pushing higher, or if they run into resistance at those pressure zones. Remember these numbers when trading, and your bullish/bearish judgment will become much clearer.
Gold (XAU/USDT) today's trend analysis is here. This current price movement is indeed still within the control of the bulls, but to place trades you need to identify the key levels clearly. The core pivot for the day is at 4447, and to accurately grasp the direction you need to start from here. The resistance levels above are concentrated in the 4487, 4519, 4559 to 4591 range, and once it breaks above you need to be careful about pullbacks. Conversely, there are plenty of support levels below — 4415, 4375, 4343, 4303 lined up in order, these levels are either bounce points or final defensive lines. The current situation is whether the bulls can continue pushing higher, or if they run into resistance at those pressure zones. Remember these numbers when trading, and your bullish/bearish judgment will become much clearer.