๐ก Gold Price Forecast: XAU/USD eyes key $4,500 support
Gold (XAU/USD) remains under bearish pressure as price trades below the 100-hour SMA near $4,625.
Traders are closely watching the key $4,500 support zone, while momentum indicators suggest upside strength is weakening.
A break below $4,480 could trigger further downside pressure, while bulls need a strong move above $4,625 to regain momentum.
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โ ๏ธ Not financial advice. Trading involves risk.
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