Gold Technical Outlook
Price has stabilized around the 4060 resistance zone (confirmation with a 1H or 4H candle close). If the level holds, the bias remains bullish, with potential upward movement toward the 4100 resistance. A break above 4100 would open the way for continued bullish momentum, targeting the next levels at 4133 and 4168.
However, if the price fails to sustain above 4060 and confirms a reversal candle, it may trigger a downside correction toward the 4030 support zone. A confirmed break below 4030 (1H candle close) would likely extend the bearish move toward the 3965 level.
Bias Trend: Bullish
Volatility: High
