🚨 $GOLD CORRECTION IN PLAY — LOCAL DOWNTREND + RANGE SETUP! 📉🟡

$XAUUSD volatile today, swinging hard in **4800–5100** zone.

Strong USD + eased US-Iran talks (Oman Friday) killing safe-haven demand.

But weak ADP jobs (22K vs 48K) keeps Fed cut hopes alive → limiting downside.

Key levels:

Resistance: 4941 → 5021 → 5100

Support: 4856 → 4751 → 4670

Pressure building 4950–5000 — expect more local sells ahead of JOLTS & claims data.

Bias: Decline to **4751–4670**, then possible rebound → sideways range forming.

Trade $XAU here 👇 (DYOR, NFA)

You fading or buying the dip? Drop your take! 👇

#GOLD #XAUUSD #Trading #Fed