Missed gold’s breakout above a key resistance zone?

This precious metal could still be in for a correction to the area of interest on the 4-hour time frame!

Take a look at these potential support areas marked by the Fibonacci retracement tool.

Gold (XAU/USD): 4-hour

Safe-haven flows have lifted gold past the strong resistance zone around the $2,700 mark, taking it all the way up to the next ceiling near R2 ($2,762.87) before pausing on its climb.

Investors still seem pretty anxious about Trump’s first few days in office, as the newly sworn-in President has been threatening higher tariffs