Gold just broke a 3-month descending trendline. Volume is up. RSI is bullish. And nobody is talking about it.
I've been watching gold for weeks.
Everyone's focused on Bitcoin at $77K. Everyone's watching altcoins bleed.
Meanwhile, gold just did something textbook.
The setup:
Descending trendline → broken
Volume → increasing on breakout
RSI → holding above 50 and rising
Re-test → confirmed bullish
That's not hopium. That's technical confirmation.
Why gold is moving:
Iran ceasefire expired. No deal. Strait of Hormuz still tense. Oil still volatile.
Gold is doing what gold does during uncertainty — creeping up while everyone argues about crypto.
The target:
Next zone: $5,100. That's 8% from here.
Not financial advice. Not a prediction. Just a clean chart telling a clean story.
Your turn. Are you watching gold or stuck on crypto only?
XAUUSDT
Perp
4,675.95
-1.07%