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