XAUUSD Sustaining Bearish Pressure, Further Decline Ahead?
Current recovery attempts remain weak, with price struggling near the moving average and Supertrend resistance zone.
Prediction: Bearish continuation remains favored unless buyers reclaim 4715–4720 with strong momentum.
Immediate Resistance: 4708
Immediate Support: 4690
My View: As long as price stays below resistance, intraday sentiment remains bearish. A decisive break below 4690 could increase selling pressure toward deeper support levels.
u/AppointmentPale487 — 1 day ago