$XAUT — BULLS ARE TESTING A MAJOR RESISTANCE ZONE
XAU has bounced strongly from the $4,000–$4,200 buy area and is now pushing into the $4,550–$4,750 resistance zone.
A clean breakout and hold above this area could open the way toward:
TP1: $4,850
TP2: $4,900
TP3: $5,100–$5,200
For now, $4,550–$4,750 is the key zone to watch. If buyers reclaim it with strength, the next upside move could become much more interesting.
Let’s go $XAUT
XAU has bounced strongly from the $4,000–$4,200 buy area and is now pushing into the $4,550–$4,750 resistance zone.
A clean breakout and hold above this area could open the way toward:
TP1: $4,850
TP2: $4,900
TP3: $5,100–$5,200
For now, $4,550–$4,750 is the key zone to watch. If buyers reclaim it with strength, the next upside move could become much more interesting.
Let’s go $XAUT