On the 4HR chart Gold is seen approaching a kee demand area which acted as a resistance before and aftr collecting the IRL, it seen bouncing back and the level might act as a KEY SUPPORT.
Following next week antipation keeping in mind on Thursday, 21st 2024 the unemployment claims hold a major impact next week. If the job claims will be less than the forecast this might strengthen the dollar. Though currently following the recent US shift in power the unemployment job claims might increase, the cath up later. This results in the 4HR demand area holding for next week aiming for ERL though it might not last long towards the 2700 levels sooner, where a lot of sell order limits lie. Though it might experience some lagging at the 2605 level then afterwards gain momentum. This is as shown below:
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