XAU (Gold) Update

Gold is gaining strength and has broken above the 4,870 resistance, now indicating a bullish continuation.

If momentum holds, price can move toward 4,900 and possibly reclaim the 5,000 level in coming sessions.

Support sits at 4,800, keeping the structure bullish, while MACD is turning positive.

As long as gold stays above 4,870, bias remains bullish.

$XAU

XAUUSDT

Perp

4,539.28

-1.34%