Technical Analysis
Posted 1 hour ago
Gold Stalls at 4,450 Trendline Resistance; Consolidation Expected
Gold's rally has paused at major trendline resistance near 4,450, with shallow selling suggesting consolidation rather than reversal. The pair remains confined as traders await catalysts: this week's Iran truce deadline and early-September US data. Neutral bias with directional bias dependent on macro developments breaking the current deadlock.
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