$XAU Analysis & Trade Plan

XAU
XAUUSDT
5,102.21
-1.30%

$XAU showing strong bullish breakout after reclaiming 5000 psychological level. Price is testing resistance near 5035 – 5050. Breakout can extend rally, rejection may cause quick pullback.$XAU

Trade Plan:

🟢 Long: Break & hold above 5050

SL: 4990

TP1: 5100

TP2: 5170

TP3: 5250

🔴 Short (If Rejection Happens): 5035 – 5050

SL: 5090

TP1: 4980

TP2: 4920

TP3: 4850