The price is consolidating tightly between the crucial $4,700 support and the $4,750 resistance level. Price action is consolidating around key structural levels, suggesting a breakout from the $4,700–$4,750 range is imminent and will dictate the direction for the rest of the week. Bullish/Bearish Triggers: A sustained break above $4,804 signals the end of the […]
The post Gold (XAU/USD) Technical Analysis: Bulls Defend $4700 Support. Is a Break above $4750 on the Way? appeared first on ActionForex.
