Artem Voloskovets
⬤ Gold (XAU/USD) is back at the crucial $4,440 support level as traders gear up for the US session. After pulling back from higher ground, the yellow metal is now holding steady within an upward channel, with all eyes on whether this support zone can hold firm.
⬤ If XAU/USD stays above $4,440 heading into US trading hours, there's room for the metal to climb toward the $4,480–$4,500 range. This area lines up with the upper edge of the current price structure and represents the next resistance hurdle. As long as the $4,440 floor holds, bulls have a clear path to test those higher levels.
⬤ But if Gold slips below $4,440, things could get interesting fast. A break under this threshold might accelerate the drop toward $4,400, where another key support zone sits waiting. That makes $4,440 the line in the sand right now—the level that'll likely decide whether Gold keeps climbing or starts correcting deeper.
⬤ What makes this setup worth watching is the timing. Gold's sitting at a make-or-break technical spot just as US market liquidity kicks in. Traders are treating $4,440 as the pivot point that'll signal whether the uptrend continues or if we're due for more downside pressure in the sessions ahead.
Artem Voloskovets
