The recent price action on $XAU USDT indicates a solid bullish continuation after breaking through key resistance. After a pullback to the $4,515 zone, the market has shown strong upward momentum, with a recent surge of +3.44% in just a few hours, reflecting a potential short-term rally.

Trading Plan LONG: $XAU USDT

Entry: $4,635 - $4,645

Stop-Loss: $4,510

Targets:

TP1: $4,750

TP2: $4,800

TP3: $4,850

The market structure is decisively bullish, with higher highs and higher lows confirming a continuation of the upward trend. Momentum is strong, with a clear breakout above the prior resistance at $4,630. Buyer control is evident, as the recent price surge suggests market confidence. Probability favors further upside due to the current strength in both price action and volume, indicating continued buyer dominance.

Click and Trade $XAU here 👇

XAUUSDT

Perp

4,657.92

+0.83%