Gold is currently fluctuating near the 4,010 level. Can the bull market hold the 4,000 support?



After rebounding from oversold levels, XAU reached 4,011.

Higher liquidity indicates that another round of a downtrend is about to come.

Short: 4,058-4,065

Targets: 4,035-4,015-3,998

The zone below the 4,080 resistance area is still bearish.

A breakout above 4,080 could extend the rebound to around 4,110.
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