$XAU USDT TECHNICAL ANALYSIS – BULLISH SETUP
$XAUUSDT shows strong bullish momentum after forming higher lows on the 4H chart, supported by price consistently holding above the 50 EMA. The recent breakout above consolidation near 5,205 suggests continuation toward the next resistance levels. Bollinger Bands indicate expansion, confirming upward pressure.
Trade Idea:
Long Entry: 5,210 – 5,220
Target 1: 5,250
Target 2: 5,280
Stop Loss: 5,180
Risk Management: Keep position size moderate, risk 1–2% of trading capital per trade, trail SL as price moves in favor.
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XAUUSDT
Perp.
4,677.32
-3.21%