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Gold – 4H Market Analysis
Current Price: 4,139.52Timeframe: 4HMarket: Gold / U.S. Dollar (XAU/USD) Market Structure Gold remains in a bearish 4H structure after the strong rejection from the 4,680–4,700 area. Since the September peak, price has formed a sequence of lower highs and lower lows, while remaining below the major descending trendline. The current price around 4,139 is also…
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🥇 GOLD – 4H Market Analysis
Current Price: 4,286 Gold remains under short-term pressure on the 4-hour timeframe after forming a series of lower highs and lower lows from the September peak. Price is currently trading below both the 50 EMA and 100 EMA, while a descending trendline continues to act as dynamic resistance. 🔎 Market Structure – Bearish / Consolidation…