$XAU USD (Gold) Update:
Gold rebounds above $4,750 but still below EMA50 (4H) at $4,775 — strong resistance.
Break above $4,775 → move toward $4,800.
Rejection → upside delay.
Rising channel intact, support near $4,700.
Breakdown → possible drop to $4,560.
MACD turning positive, showing easing sell pressure.
Not Financial Advice