Gold Has Been Under Pressure for 7 Months—Could $4,100 Ignite the Reversal?
Gold is once again testing its daily downtrend line, and $4,100 is the make-or-break level!
The Fed held rates steady, while high yields continue to pressure gold. However, geopolitical risks, inflation concerns, and central-bank buying are building support.
A confirmed daily close above $4,100 could break the bearish structure and trigger a powerful rebound!
Hold above—bears may lose control.
Fail to hold—another bull trap and decline could follow.
Seven months of pressure may come down to one daily close. Watch $4,100! ⚠️
#Gold #XAUUSD #Trading #Fed #GoldPrice
David(001)
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