
Gold Consolidation Continues — What’s Your Bias for Thursday?
Gold continues to consolidate at elevated levels, with the short-term range currently sitting around 4730–4660.
If price remains stuck within the 4710–4730 zone during Thursday’s Asian session and fails to show fresh bullish momentum, I think another short opportunity could develop.
For me, the key downside levels are:
4670 as the first target
4650 as the next major support area
At the moment, price action looks more like weak consolidation rather than strong continuation, but confirmation is still needed.
What’s everyone’s bias on XAUUSD right now continuation higher or short-term pullback? 👀