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#GOLD / USDT - Price Analysis:
Strong bullish trend this week, bulls are fully in control at the macro levels.📈
⚠️ But beware of signs of medium-term reversal and correction 📉
🚨 Bearish RSI divergence is brewing before the daily Shinkou level!
The current high could mark a market breakout for several weeks.
The 4,415 - 4,450 zone may act as a bearish resistance for testing.
💡 My opinion:
Since the 4,200 level is not a strong support, we can expect further correction for consolidation and liquidity attraction around 4,000 - $4,100!
After a clean correction, continuation of the bullish trend looks realistic. 📈
Key support levels to watch:
4,230 | 4,075 | 3,970 | 3,820 - $3,750
Not financial advice - DYOR. ⚠️
$GOLD