Gold against the US dollar is trading in a bearish trend during today’s session, remaining below the pivot level of 4360, reflecting continued selling pressure and bearish market sentiment.
If the decline continues, gold is expected to target 4300 followed by 4280.
Alternatively, in case of a bullish rebound, the precious metal may rise toward 4400 and then 4430.
The bearish outlook remains valid as long as trading stays below 4360, supporting a potential move toward 4280.
Discover why over 25.000 live trading accounts trust Highness, and join the community of successful traders today.
KU 