$XAU XAUUSDT is currently trading around 5,057, showing steady recovery after forming a strong base near 4,444. The 4H structure indicates higher lows, suggesting buyers are regaining control. Price is consolidating just below minor resistance, signaling potential breakout pressure building.
🔑 Key Levels to Watch
Immediate Resistance: 5,120
Major Resistance: 5,165 – 5,240
Breakout Target: 5,425
Immediate Support: 4,904
Strong Support Zone: 4,644 – 4,444
$XAU As long as price holds above 4,904, bullish continuation remains valid. A clean breakout above 5,120 could trigger momentum buying toward 5,165+. However, rejection from resistance may cause a short-term pullback toward support zones.
📊 Volume expansion on breakout will confirm strength.
⚠️ Watch for fakeouts around resistance.
Gold is at a decision zone — breakout traders and pullback buyers both have opportunities here.
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor. #cryptotradinganalysisboss #BinanceSquare #TechnicalAnalysis #altcoins
