📉 Gold Facing Rejection – Bearish Move Incoming
Gold is currently testing a strong resistance zone around 4840, showing multiple rejections and weak bullish momentum. Price structure indicates a potential lower high formation. A rejection from this zone could trigger a bearish move towards the 4800 level, with extended downside targets near 4780 support. 🔹 Key Levels: Resistance: 4840 – 4860 Support: 4800 – 4780 📊 Bias: Bearish below 4840 ⚠️ Break above resistance invalidates this setup and may lead to further upside
2026.04.16 07:29 0 









