XAUUSD 4hr Analysis
Gold 4hr
Gold has been consolidating for a couple of days. It has made several attempt to break the resistance and create a new ATH, but it's been a battle the buyers and sellers.
Until Gold breaks below 2478.651 keyzone area before I will become bearish on Gold.
And if it breaks the resistance and create a new all time high, we could see a mini rally to the upside.
Due to tension of war in the middle east and economic meltdown around the world, Gold may continue to rise or range because it's a safe haven for investors and institutions.
Gold has been consolidating for a couple of days. It has made several attempt to break the resistance and create a new ATH, but it's been a battle the buyers and sellers.
Until Gold breaks below 2478.651 keyzone area before I will become bearish on Gold.
And if it breaks the resistance and create a new all time high, we could see a mini rally to the upside.
Due to tension of war in the middle east and economic meltdown around the world, Gold may continue to rise or range because it's a safe haven for investors and institutions.
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