$XAU Technical Outlook: Mean Reversion

​Overbought Momentum: The Relative Strength Index (RSI) on the 4-hour and Daily charts has surged above 73. Historically, readings above 70 in Gold precede a "profit-taking" phase or a technical correction.

​Double Top Potential: After hitting an intraday high of approximately **$4,612**, price action is showing signs of exhaustion. If the daily candle closes below the open ($4,550), it would form a bearish reversal pattern (like a Shooting Star).

​Resistance Zone: The $4,612 - $4,625 area is now established as major psychological and technical resistance.

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XAU
XAUUSDT
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