Technical Summary : XAUUSD is consolidating around 4,640 after facing rejection near the 4,660–4,670 resistance zone. Price remains range-bound, with 4,620–4,625 acting as an important demand area and 4,600 as key support.


Bullish Scenario :A sustained breakout and close above 4,660–4,670 could trigger fresh buying momentum toward 4,700, followed by 4,750.


Bearish Scenario :Failure to reclaim 4,660 and a break below 4,620 may push Gold toward 4,600. A decisive break below 4,600 could extend the decline toward 4,575 and lower.


Key Levels :Resistance : 4,660–4,670 | 4,700 | 4,750Support : 4,620–4,625 | 4,600 | 4,575


Market View : Neutral to bullish above 4,600. The market is currently consolidating; a confirmed breakout above 4,660–4,670 would strengthen the bullish setup, while a break below 4,600 would shift momentum toward the bearish side.

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