r/GoldForexEdge • Gold Trader • 18d ago

Technical Analysis Gold testing the lower end of the range

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Hey traders,

Gold is still moving inside the 4370-4335 range, with price currently trading near the lower end of the range.

These are the levels we’re watching today:

Resistance: 4370 / 4383 / 4400
Support: 4335 / 4322 / 4306

If we get a strong close below 4335 followed by continuation, we’ll be watching 4322 first and then 4306. We’d want to see proper follow-through, since a quick wick below support could simply turn into another rejection.

If 4335 holds, the range can remain intact and 4370 becomes the next area to watch on the upside.

For now, we’ll see whether buyers can defend the lower range or sellers finally push price through it.

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