🥇 XAU/USD (Gold) Analysis — 30 October 2026 | 4H Chart
Gold is sitting right on the $3,986 floor after testing it 5 times. Is a bounce coming, or a breakdown? 👀
📊 In this reel:
✅ Key support: $3,986 (5 touches)
✅ Resistance zone: $4,028 – $4,082
✅ Descending Triangle forming on the 4H chart
✅ Candlestick patterns: Three White Soldiers, Engulfing, Marubozu and Dojis
✅ Chart patterns: V-Bottom, Triple Top, Rectangle Base and Descending Triangle
⚠️ Wait for a candle CLOSE above $4,028 or below $3,985 before taking a decision. Don’t guess, trade the confirmation.
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