Gold is trading near $4,930, bouncing after a two-day decline as dip buyers stepped in. Price is now approaching a major breakout zone, with volatility expected ahead of FOMC minutes, GDP & PCE data.
🔑 Key Levels
• Resistance: 4,960 / 5,000
• Support: 4,880 / 4,820
📌 Market Bias
• Above 5,000 → bullish expansion
• Below 4,820 → deeper correction risk
• Above 4,880 → neutral to bullish
⚡ Trading Plan
Best strategy is to wait for confirmation near key levels and avoid chasing moves ahead of major data.
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