📊 XAUUSDT (Perp) — Binance Technical Setup 🔥
Gold just delivered a textbook Binance reaction.
After a sharp dump into 4,280, price bounced cleanly from the lower Bollinger Band, then reclaimed the mid-band (≈ 4,346) with strong momentum.
🔑 Key Levels (Binance view)
Support: 4,280 – lower BB reaction zone
Mid-Band: ~4,346 → momentum reclaim
Resistance: 4,392 – upper BB / intraday ceiling
Price is now compressing under the upper band, which is where expansion usually decides direction.
📈 What this means
Holding above the mid-band = short-term bullish momentum intact
Rejection at upper BB = range continuation / pullback
Clean expansion above 4,392 = momentum continuation
This is structure + volatility, not guesswork.
🌴 Jungle Wisdom:
“When volatility contracts, direction prepares.”
#XAUUSDT #GOLD #BinancePerp #tradingview #BinanceSquare
