Gold remains under pressure ahead of today's US PCE and GDP data releases.
Above 4030: A sustained breakout could attract buyers and open the path toward 4100–4120.
Below 3960–3970: Selling pressure may increase, with 3880–3900 acting as the next key support zone.
Trader Insight: Strong economic data generally supports the USD and can pressure gold, while weaker data may fuel a bullish move.
The market remains neutral until the data hits.
What's your call — breakout above 4030 or a move toward 3900 first?
Trade the reaction, not the prediction. Not financial advice.https://pbs.twimg.com/media/HLorkiub...png&name=large
Above 4030: A sustained breakout could attract buyers and open the path toward 4100–4120.
Below 3960–3970: Selling pressure may increase, with 3880–3900 acting as the next key support zone.
Trader Insight: Strong economic data generally supports the USD and can pressure gold, while weaker data may fuel a bullish move.
The market remains neutral until the data hits.
What's your call — breakout above 4030 or a move toward 3900 first?
Trade the reaction, not the prediction. Not financial advice.https://pbs.twimg.com/media/HLorkiub...png&name=large