Key levels:
Order Limit: 4067 (clearly marked on the chart as a 4-hour minimum order). This is the crucial support area at the moment.
Supply ceiling: 4,130 – 4,136 (strong resistance area).
Double Confluence Zone: around 4,068, where the downtrend line meets the horizontal demand floor.
Shavyfxhub strategy predictions
Bearish bias while price remains below the red supply ceiling (4,130 – 4,136).
The minimum order 4,067 – 4,068 is the key decision level.
If it continues → a possible rebound towards 4,095 – 4,100-4135 and perhaps a retest of the supply ceiling.
If it fails → expect a deeper move down towards 4,040 – 4,020.
Verdict:
Gold is at a critical decision point. The reaction at the demand level 4067-4068 will determine the next trend in the short term.
#Gold #XAUUSD
