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Re: Confessions of a Retail Trader - Breaking Down Trades, Mistakes, and Mindset

42 by SIMONCSABA
Gold might see small upward movement today, but current data suggests a neutral to slightly bearish bias. Technical indicators on multiple timeframes show more selling pressure than buying pressure. Resistance levels around 4770–4800 remain strong, and gold has recently struggled to break above them. Small intraday bounces are possible if price holds above support around 4740–4750 or if the US dollar weakens. However, a stronger upward move would require a clear break above resistance.
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