🟡Gold (XAU/USD) – Bulls Still in Control?
Gold is trading at 4,352.69 USD, holding above MA 8, 21 & 55 📈
➡A clear sign of short-term bullish momentum
🔎Key level to watch: 4,350 USD
Former resistance → now acting as support
A strong US Dollar is still limiting aggressive upside, keeping gold in a healthy consolidation phase rather than a breakdown.
✨As long as price stays above the moving averages, the bullish structure remains intact.
Next move?
📌Consolidation above key MAs often precedes the next impulse.
