29/08/2026
GOLD is trading near the 4,650 zone and may face further correction from current levels. ๐
The 4,650โ4,700 zone is acting as an important resistance area. If selling pressure continues and Gold breaks below 4,450 support, the correction may extend further in the coming days.
โ ๏ธ Key levels to watch:
๐ด Strong Resistance: 4,650โ4,700
๐ข First Support: 4,450
๐ข Next Support: 4,250
๐ข Major Downside Zone: 4,000
The overall view remains cautious to bearish. A sustained break below 4,450 could increase the possibility of a move towards 4,250 and eventually the 4,000 zone.
Stay alert and manage your risk properly! ๐จ๐