$XAU experienced a long liquidation, forcing leveraged buyers out after chasing higher prices. This is a typical leverage reset in a high-value asset—it doesn’t signal the end of the trend, but rather a needed market cooldown.
Following such liquidations, price often either consolidates or rebounds in a controlled manner once selling pressure eases.
Entry Zone (EP): $4415 – $4470
Take Profit Targets:
• TP1: $4525
• TP2: $4650
• TP3: $4820
Stop Loss (SL): $4320
If buyers hold this area, $XAU can regain strength and continue higher with a more stable structure.
XAUUSDT
Prep
4,480.16
+1.08%