XAUUSD / Gold – 2H Analysis 📊
Gold faced strong rejection from the **4,700–4,740 supply zone**, showing short-term bearish pressure after multiple CHoCH/BOS confirmations.
🔴 Resistance: 4,700–4,740
🟢 Support: 4,580–4,600
🔵 Major Demand: 4,500–4,560
Expected move: Price may dip toward support before any bullish continuation. Buyers need strong confirmation from demand zones.
Current bias: **Short-term bearish, higher timeframe still bullish.** 📚
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Kiara Dcruz