Gold at a Decision Zone — Break or Breakdown?
XAU/USD holding near $4,675, still capped below the 20 EMA → slight bearish pressure remains. RSI near 45 shows weak bullish momentum.
📊 Key Levels:
• Resistance: $4,720 → $4,800 → $4,870
• Support: $4,650 → $4,554 → $4,490
⚠️ Below $4,650 = more downside
🚀 Above $4,720 = bullish recovery starts
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Katarzyna nowak