Gold: 4180 Is the Line. Break = Higher, Fail = 4100 Test

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Gold: 4180 Is the Line. Break = Higher, Fail = 4100 TestGoldOANDA:XAUUSDTradeCore_EvanGold retreated after encountering resistance near the 4200-4220 area, though support has held firm and price has since recovered. On the 1H chart, the structure remains intact and the broader rebound is still in play. That said, we need to keep an eye on resistance around 4180 – if price fails to break and hold above this level, a second leg lower could well test support near the 4100 zone. Tomorrow brings the Fed meeting minutes, which should give us a clearer picture of just how divided the Committee really is – how many are still leaning towards further hikes, and how many feel we're close to done. If the minutes reveal that hawkish voices remain strong, gold could come under renewed pressure. If, on the other hand, they show growing hesitation, the post-NFP bullish narrative will stand on much firmer ground. Trading Strategy: Longs: around the 4160 area/4110 Shorts: around the 4240 area/4170