$XAU squeezed shorts at $4531.61, a clear signal of bullish control at a major resistance zone. When gold-backed assets liquidate shorts, the follow-through is often strong because macro buyers join the move.
EP: $4505 – $4540
TP1: $4585
TP2: $4660
TP3: $4780
SL: $4430
As long as $4480 holds, the trend extension scenario remains dominant.
XAUUSDT
Perp
4,464.26
+1.55%