🟡 GOLD ($XAU ) | Technical Setup
Action: Long / Buy 📈
Strategy: Rebound from Demand Zone
• Entry Range: 4920 – 4940
• Stop-Loss: 4820
• Target 1: 5000
• Target 2: 5170
Market Logic:
Price rejected the $4,500 major support with strong volume. RSI is recovering from the oversold zone, indicating a bullish trend reversal.
A breakout above $5,000 confirms the rally.
⚠️ Risk Note: Commodities are highly volatile. Use proper position sizing and low leverage.
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