$XAU /USDT (Tether-Gold / USDT) is trading near mid-$4,800s with notable intraday volatility.

  • After a major correction from all-time highs (~record above $5,500), metals markets are adjusting with mixed sentiment.

📊 Technical Perspective

Bullish elements

  • Many chart contributors still see higher-low structure + demand zones around 4,800–4,650, suitable for buy the dip entries.

  • Some TradingView setups project continuation targets into 5,000–5,300+ if bullish momentum returns.

  • Medium-longer term trend still generally skewed up with support from macro buyers and safe-haven flows.

Bearish / Range pressure

  • Failure to reclaim key nearby highs risks sideways or corrective movement, especially if price stays below the 4,880–4,920 region.

  • Short-term RSI/structure shows choppy behavior, suggesting no clean breakout yet.

🔑 Key Levels to Watch

Upside resistance:
• ~4,900–5,000 (psychological/resistance cluster)

Support zones:
• ~4,800 – short term support
• ~4,650 – deeper demand area

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XAU
XAUUSDT
5,047.08
+0.83%