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🥇 Gold has officially lost the psychological 4,000 level, shifting short-term momentum in favor of the bears.
For now, 3,975 is acting as the key support, while 4,020 remains the first major resistance. The next breakout from this range should decide the next directional move.
📈 Bullish Scenario : If $XAUt reclaims and closes above 4,030, bulls could target: 4,050 → 4,075 → 4,100 → 4,130
📉 Bearish Scenario : If Gold loses 3,950, expect sellers to aim for: 3,920 → 3,880
Patience pays here. Let the market confirm the breakout instead of chasing the middle of the range 👀
#SummerCreationCamp