$XAU just squeezed shorts at $4531.61, signaling strong bullish control at a key resistance. When gold-backed positions get liquidated, momentum often accelerates as macro buyers jump in.

Entry: 4505 – 4540

TP1: 4585

TP2: 4660

TP3: 4780

SL: 4430

Holding above 4480 keeps the trend extension scenario intact.

XAU
XAUUSDT
4,822.55
+3.61%