🟡 $XAU USD Technical Outlook
Bias: Bullish while holding above key support
Momentum remains strong after continuation from higher lows.
🔑 Key Levels
Immediate Resistance: 5,020 – 5,050
Major Resistance: 5,120
Immediate Support: 4,950
Strong Support / Demand: 4,900 – 4,880
⚡ Scalp / Intraday Setups (5M–15M)
Buy on Dip
Entry: 4,950 – 4,965
Stop Loss: 4,920
Targets:
T1: 5,010
T2: 5,050
Buy Breakout
Above: 5,050 (break & hold)
Targets: 5,100 → 5,120
Sell (Only if Breakdown)
Below: 4,900
Targets: 4,860 → 4,820
📈 Higher Timeframe View (1H–4H)
Trend remains bullish above 4,880
Pullbacks toward support are still buy-the-dip zones
Rejection near 5,120 may cause short-term correction
