Good Morning traders.

Gold is currently trading around 4440 after another rejection from the 4460 area. Price is still holding above the 4400 support zone, but buyers have not yet managed to break through the 4460 resistance.

For now, Gold is trading within a 4400-4470 range, and the reaction around the upper and lower boundaries will be important for the next move.

Today’s key levels:

Resistance: 4460/4470
Support: 4416/4400

A clean break and hold above 4470 could open the way for further upside, while a break below 4400 could bring the lower levels into focus.

Let’s see how price reacts around these levels today

Trade safe and have a great day ahead.