🟡 $XAU /USDT Market Update

Gold is attempting to recover after pulling back from its all-time highs.

Current Spot Price: Approximately $5,050 – $5,070 per ounce.

Pakistani Market: In local bullion markets, gold is stable around Rs. 528,500 per tola (24K).

Analysis: Gold recently dropped from $5,600 to $4,400, but has now climbed back above the psychological $5,000 level and is trading higher.

Key Levels:

· Resistance: $5,100 – A break above this could push prices toward $5,300.

· Support: $4,950 and $4,800 – These are levels where buyers may re-enter the market.

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