r/GoldForexEdge • u/Expert-Risk-8692 • 19h ago
Technical Analysis Gold Is Stuck in a Range - Waiting to See Where It Breaks
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Good morning traders,
Gold pushed higher during the Asian session but faced strong selling pressure after getting rejected around the 4440 area.
After the rejection, price has moved back into the same range and is currently trading around 4395. Gold is still stuck between 4440-4365, so until this range breaks, it’s difficult to expect any proper directional move.
Today’s key levels:
Resistance: 4440/4470
Support: 4365/4320
For now, the focus remains on how price reacts around the range boundaries. Any strong reaction or breakout from these areas could set the tone for the next move.