🔍 $XAU /USDT (1H Chart) – Short Analysis
The price made a strong move from 4,100 → 4,260.
Candles are trading above the EMA 7, showing short-term bullish momentum.
There was a sharp wick near 4,300, which signals a strong resistance zone.
Volume increased during the rise but is now decreasing, meaning the bullish strength may be slowing.
Summary:
Trend is still upward, but the price is close to resistance, so a small pullback or volatility is possible. I can’t predict the exact direction, but this is the current structure.
If you want, I can mark key support & resistance levels in another short analysis.