XAU USDT (Gold Perpetual) – Market Update
$XAU XAU USDT is currently trading around 5,032, consolidating after a strong rebound from the 4,444 support zone. On the 4H timeframe, price action shows a stable structure with higher lows, indicating that buyers are still active. However, momentum remains cautious as price trades just below a key resistance area, keeping the market in a decision-making phase.
$XAU Immediate support lies at 4,986–4,950, followed by stronger demand near 4,840–4,800. On the upside, resistance is positioned at 5,060–5,100, with higher targets at 5,285 and 5,450–5,500 if a breakout occurs. A confirmed close above 5,100 could signal bullish continuation, while a breakdown below 4,986 may invite a deeper corrective move.
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor.
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