๐ MARKET UPDATE: GOLD / XAUUSD
Gold is currently trading around the D + H4 + H1 RBS zone near 4470, reacting after a strong bearish move.
๐ As long as price holds above this zone, we may see a bullish retracement toward 4510โ4520
๐ A strong break and hold above 4520 could push price higher to 4560โ4570
However, overall structure remains bearish โ ๏ธ
๐ If price breaks below support with momentum, next target is around 4370
Stay patient and wait for confirmation before entering the market.
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