$XAU has an interesting chart to trade. Last 10 weeks spent forming second correction leg down on Weekly (with 5 last W candles red in a row). Long enough to count on relief bounce.
Now at SR level formed in the end of October'25, beginning of November'25 (base formed before Gold went up by 43%).
Volume profile show POC at ~4072 and then gap till ~4140. So if there will be a bullish move, high chances for breakout into the gap.
Lower LPs (3980 / 3935) could be visited as well and should be watched for potential reversal.
⏰ TG #Gold alarm set for: Daily20EMA, 3935
Now at SR level formed in the end of October'25, beginning of November'25 (base formed before Gold went up by 43%).
Volume profile show POC at ~4072 and then gap till ~4140. So if there will be a bullish move, high chances for breakout into the gap.
Lower LPs (3980 / 3935) could be visited as well and should be watched for potential reversal.
⏰ TG #Gold alarm set for: Daily20EMA, 3935