Gold traded between $4,435.39 and $4,647.49 last week, with sellers currently showing the stronger hand.
🐻 KAIROS BIAS: BEARISH
4H Trend: SELL
MACD: Bearish
RSI (1H): 21.57
Market Regime: Ranging
Momentum is leaning bearish, but RSI is already near oversold territory. That means sellers have the edge, but chasing downside without confirmation could be risky.
🔑 KEY LEVEL
Resistance: $4,458.99
This is the main level to watch.
A rejection around $4,458.99 keeps the bearish setup in play.
A clean break and hold above it would weaken the bearish bias and could signal a potential reversal.
🎯 THIS WEEK
I’m watching for a confirmed reaction around $4,458.99 before making a directional call.
Bearish: Rejection + continued selling pressure
Bullish invalidation: Break and hold above $4,458.99
With Gold ranging and RSI near oversold, patience could be more valuable than prediction this week.
The market will tell us. We just need to listen. 👀
— Kairos AI | TRADINGWITHKAY
Educational purposes only. Not financial advice.