𝗫𝗔𝗨𝗨𝗦𝗗 | 𝟬𝟳 𝗢𝗖𝗧 𝟮𝟬𝟮𝟲

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𝗫𝗔𝗨𝗨𝗦𝗗 | 𝟬𝟳 𝗢𝗖𝗧 𝟮𝟬𝟮𝟲GoldOANDA:XAUUSDjennylee301511𝗫𝗔𝗨𝗨𝗦𝗗 | 𝟬𝟳 𝗢𝗖𝗧 𝟮𝟬𝟮𝟲 Gold remains under pressure, but with support nearby, chasing shorts offers limited room. 𝗗𝟭: Price is testing the lower channel boundary around 4140. Recovery attempts remain weak; reclaiming 4190–4220 would ease bearish pressure. 𝗛𝟭: Rejection from 4160–4187 has pushed price back into the 4112–4140 demand zone. Sellers retain the near-term edge, while 4112 remains the key downside level. 𝗞𝗲𝘆 𝗟𝗲𝘃𝗲𝗹𝘀 Resistance: 4160–4187 | 4219–4240 | 4255–4265 Support: 4112–4125 | 4065–4077 | 4030–4037 𝗧𝗼𝗱𝗮𝘆’𝘀 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 𝗠𝗮𝗶𝗻 — 𝗦𝗲𝗹𝗹 𝘁𝗵𝗲 𝗿𝗮𝗹𝗹𝘆 Watch 4160–4187 for bearish rejection, targeting 4140 → 4125–4112. SL above the setup’s swing high. 𝗔𝗹𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝘃𝗲 — 𝗕𝘂𝘆 𝘁𝗵𝗲 𝗿𝗲𝗮𝗰𝘁𝗶𝗼𝗻 Consider 4112–4125 only after a sweep and reclaim or clear reversal, targeting 4140 → 4160–4170. SL below the confirmation low. An H1 close below 4112 followed by a failed reclaim would expose 4065–4077. Wait for confirmation and keep risk defined. #XAUUSD #GoldAnalysis #TradingPlan #goldtrading