Another test of the rising trendline after a contained breakdown. Price is now sitting at a key support level.

If buyers defend this area and reclaim the trendline, we could see the next impulsive move to the upside. Otherwise, failure here may open the door for a deeper correction.

The reaction at this level will likely define the next market direction.

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#Binance #XAU #trading #GOLD #Write2Earn $XAU

XAU
XAUUSDT
5,020.91
-0.07%