GOLD COLLAPSE IMMINENT? $XAU
Entry: 5300 🟩
Target 1: 4700 🎯
Stop Loss: 5500 🛑
The yellow metal is roaring back. But don't get caught in the hype. Daily charts show a messy structure. A major correction is brewing. Expect resistance at 5300. This zone could trigger an 11-17% drop. The price might then sideways consolidate. Prepare for volatility.
Disclaimer: Trading involves risk.
#XAU #GoldTrading #CryptoTrading #FOMO 💥

XAUUSDT
Perp
4,978.92
-1.60%