From TradingView · · 30s
Gold Price Zones Check for Rejection
Check if gold price rejects key support zone on XAUUSD chart.
In brief
Check if gold price rejects key support zone on XAUUSD chart. Gold price may reject 4086-4113 resistance zone on XAUUSD four-hour chart. Originally reported by TradingView.
Support and resistance zones
Price zones formed by repeated reactions capture where candles cluster.
XAUUSD four-hour chart
Observe earlier declines and rebounds ending at slightly different prices.
4086-4113 resistance zone
Area where price may test resistance before rejecting or holding.
Check for rejection
Price enters zone, leaves wick, and closes outside indicates rejection.
The one thing
Gold price may reject 4086-4113 resistance zone on XAUUSD four-hour chart.
