π XAU/USD TECHNICAL ANALYSIS
π H4:
Gold rejected 4590 and is moving lower towards 4400.
A pullback to 4550 is possible before further downside.
π MACD confirms bearish momentum.
π― Targets: 4400 β 4250
π H1:
Break below 4555 confirms continued downside.
Possible retest of 4550 before drop continues.
π Stochastic is oversold but still bearish.
π― Targets: 4400 β 4250
π Summary:
Bearish trend remains active. Pullbacks = corrections, not reversal.
πTrade Here https://cutt.ly/LtVdJ95w
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