Gold Slips Below Key Resistance | Bears Target 4133–4105 ZoneGOLD | Overview
Gold dropped perfectly as projected and continues to show strong bearish momentum while trading below 4167.
The broader structure remains negative, and sellers maintain control unless the price can reclaim key resistance levels.
Technically, as long as the metal trades below 4167, the trend remains bearish, targeting 4133, with a potential extension toward 4105 and 4083 if a 1H or 15Min close occurs below 4133.
However, a move above 4168 would trigger a short-term correction toward 4188, while a 1H close above 4188 would confirm a bullish reversal toward 4207–4237.
Pivot Line: 4168
Resistance: 4188 · 4207 · 4237
Support: 4133 · 4105 · 4083
Outlook:
Gold remains bearish while below 4167, with downside targets at 4133–4105–4083.
A confirmed 1H close above 4188 would shift short-term sentiment to bullish, targeting 4207–4237.
