đ $XAU Bullish Continuation Setup â Gold Holding Strong! đ
Pair: XAUUSDT Perp
Price: 5,126.54
Change: +0.21%
Gold is firmly holding above the 5100 psychological support after a sharp bullish impulse followed by healthy 1H consolidation. This is classic continuation behavior â strong move, pause, and potential expansion.
đ Buyers remain in control
đ Momentum structure still positive
đ§± Breakout zone acting as support
As long as price stays above the breakout base, the path of least resistance favors continuation toward 5140+.
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đ Trade Setup
Entry: 5115 â 5130
TP1: 5145
TP2: 5170
SL: 5085
⥠Strong impulse + consolidation
⥠Psychological level defended
⥠Clear invalidation below 5085
If momentum expands from this range, we could see a fast push into new short-term highs. Stay disciplined, respect risk, and let the structure play out.
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