From TradingView · · 30s
Gold Price Bears
Gold price faces bearish pressure near key support zone.
In brief
Gold price faces bearish pressure near key support zone. Gold price is below 4,035 and may drop to 3,958 if it fails to break resistance at 4,078, 4,090. Originally reported by TradingView.
Gold Price Bearish
Gold price shows short-term bearish pressure after rejection near upper resistance area.
Key Support Zone
Price currently below 4,035 with support near 3,974, 3,992.
Potential Downside
If price retests rejection area and fails to break resistance, gold may drop to 3,958.
The bottom line
Gold price is below 4,035 and may drop to 3,958 if it fails to break resistance at 4,078, 4,090.
