XAU/USD Market Alert Current market bias: Bearish
Pair: XAU/USD
Timeframes reviewed: 30M / 1H / 5H
Key reaction zone: 4596.00
This is the area where the Bearish scenario becomes active and where price reaction is important.
Support areas to watch:4593.00 - first lower support area
4586.00 - deeper support zone
4576.00 - extended Bearish area
View becomes weaker if price breaks and holds above:4609.00
Invalidation area:The bearish view becomes weaker if price pushes back above the upper resistance area near 4615.00.
A strong break and hold above this zone would suggest that sellers are losing control and that the market structure may shift.
Educational market alert only. This is not financial advice, not a personal recommendation, and not an instruction to buy or sell.
