$XAU looks stretched but still bullish.
• Price ripped straight up and is now moving sideways instead of dumping
• Highs haven’t been taken out, but sellers also failed to push it back down
• After fast moves like this, price usually either continues after a pause or pulls back once before continuation
Buy Entry: 4,385 – 4,395
TP1: 4,425
TP2: 4,455
TP3: 4,500+
SL: 4,360
XAUUSDT
Prep
4,430.09
+2.05%