Gold Approaching Major Resistance – Potential Sell Setup

XAUUSD Gold vs US Dollar
Gold Approaching Major Resistance – Potential Sell Setup

XAUUSD GOLD ANALYSIS (XAUUSD) Gold reacted strongly from the 4560 support zone and respected the rising trendline perfectly. Current price action shows bullish recovery momentum after sweeping liquidity from the lows. 📌 Key Support Zones: • 4560 – 4550 • 4540 major support 📌 Bullish Scenario: If price holds above 4590–4600, gold may continue pushing higher toward: 🎯 Targets: • 4610 • 4625 • 4635 • 4650 (major liquidity zone) 📌 Bearish Scenario: If gold fails to sustain above 4600 and breaks below 4560, bearish pressure can return with possible downside toward 4540.

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