Gold Market Update 📊
Gold is trading below recent swing highs, indicating a lower high structure and weakening bullish momentum. Selling pressure continues to appear on rallies — signaling a possible distribution phase.
🔑 Key Levels
🟢 Support Zones:
• 4620 – 4580 → Immediate demand zone
• 4520 – 4480 → Strong support (break may trigger deeper downside)
• 4400 → Major positional support
👉 Below 4580 → Selling pressure likely to accelerate
🔴 Resistance Zones:
• 4700 – 4725 → Immediate resistance
• 4780 – 4820 → Strong supply zone
• 4900+ → Confirmation of trend reversal
#gold# #Signal# #trading# #ForexForecast#
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