Gold Price Targets $4,482-$4,542 or Breaks Down Toward $4,322

Gold prices are hovering near $4,411 after being rejected by resistance and moving below key means. This puts short-term momentum in a bearish configuration until price can reclaim the $4,332 to $4,337 mean cluster.

The chart identifies Daily Sell 1 at $4,482 and Daily Sell 2 at $4,542 as potential targets for bears. Weekly resistance is concentrated near $4,500, followed by Weekly Sell 2 at $4,581. On the downside, Daily Buy 1 at $4,372 converges closely with Weekly Buy 1 at $4,365.

Gold has already registered a low of $4,365.5, confirming that buyers are responding to this level. Below this area, Daily Buy 2 at $4,322 and Weekly Buy 2 at $4,293 represent the next major downside objectives.