ЁЯУК MARKET UPDATE: GOLD / XAUUSD
Gold is currently trading around the D + H4 + H1 RBS zone near 4470, reacting after a strong bearish move.
ЁЯСЙ As long as price holds above this zone, we may see a bullish retracement toward 4510тАУ4520
ЁЯСЙ A strong break and hold above 4520 could push price higher to 4560тАУ4570
However, overall structure remains bearish тЪая╕П
ЁЯСЙ If price breaks below support with momentum, next target is around 4370
Stay patient and wait for confirmation before entering the market.
рдкрд╕рдВрдж рдХрд░рдирд╛
рдЯрд┐рдкреНрдкрдгреА
рд╢реЗрдпрд░ рдХрд░рдирд╛