XAUUSD UPDATE

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XAUUSD UPDATEGold / U.S. DollarFOREXCOM:XAUUSDAhmedAbdulsalam8393Currently, the market is in a consolidation and repricing phase after the downward wave. The trend is downward, and the momentum is negative with an attempted rebound. We need to wait for confirmation of the move before entering with the following scenario: 4418: 4430 👈🏻 Support 4445: 4468 👈🏻 Resistance 4505: 4525 👈🏻 Restructuring Zone Breaking below 4418 will renew selling pressure. Breaking above 4468 and holding above it with an hourly close will target 4485, 4505, and 4525. ⚠️ This is educational analysis and not investment advice or a guarantee of profit. Capital management is more important than any analysis.