$XAUUSD Update – 1000+ Pips Delivered 📊🔥

$XAU Multi-Structure Compression Before Expansion 📊

Gold is currently trading inside a broader corrective structure after a sharp impulsive decline from the recent highs.

🔎 Higher Timeframe Context:

• Strong rejection from major resistance zone near 5,450

• Descending trendline respected multiple times

• Series of lower highs confirming short-term bearish control

🔎 Current Structure:

Price has now:

• Broken minor descending structure

• Formed higher lows

• Started compressing toward horizontal resistance around 5,100–5,120 zone

This creates a classic compression setup between:

Descending macro trendline

Ascending short-term trendline

Major horizontal resistance

📌 Key Scenario:

If price reclaims and sustains above 5,120 resistance:

→ Liquidity sweep

→ Momentum expansion

→ Potential move toward 5,450 major supply zone

If rejected again:

→ Lower channel continuation remains valid

Market is at a decision point.

Break of compression will likely lead to impulsive expansion.

Patience before breakout is critical.

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