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#Gold is trading lower as price stays below the mid-Bollinger band showing persistent bearish pressure
RSI near 32 signal oversold conditions hinting at a possible short-term bounce — but trend bias remains weak
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Bollinger Bands are narrowing, showing reduced momentum, while RSI hovers near neutral levels, signaling no strong trend direction
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Price stays above mid-Bollinger band; a break above $4,230 could open room for further upside.
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Immediate Resistance: 4026/4040 Immediate Support: 4010/3997
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Immediate Resistance: 4026/4040 Immediate Support: 4010/3997
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Bollinger Bands narrowing =possible breakout ahead!
RSI near 53 → neutral zone
Break above $4100 may target $4130, while below $4060 could trigger fresh selling
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