📊 Gold (XAU/USD) – 4H Analysis
Trend: Strong bearish pressure at multi-week lows
🔑 Key Levels:
R: 4730–4745 (EMA + supply)
S: 4690–4660 (demand zone)
📉 Price Action:
* Repeated rejection at 4740 → sellers in control
* Price stuck near 4700 high-volume zone
* Range tightening → breakout incoming
⚡ Outlook:
⬇️ Below 4697 → drop toward 4660 / 4640
⬆️ Above 4745 → recovery toward 4770
👉 Bias: Bearish until 4740 breaks cleanly
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