‼️$XAU 4H Technical Setup ‼️
$XAU is forming a Bull Flag on the 4H timeframe.
For the bullish move to continue, gold needs a breakout above 4,675 + a daily close above this level. If confirmed, the next upside levels are:
🎯 4,750–4,775
🎯 4,840–4,855
❌ Invalidation: Daily closing below 4,555
For safer risk management:
• Short liquidation: $5,500+
• Long liquidation: $3,500-
Manage risk wisely and avoid excessive leverage.
Trade Accordingly 👇🏻
#GoldRisesAbout14%InAugust
$XAU is forming a Bull Flag on the 4H timeframe.
For the bullish move to continue, gold needs a breakout above 4,675 + a daily close above this level. If confirmed, the next upside levels are:
🎯 4,750–4,775
🎯 4,840–4,855
❌ Invalidation: Daily closing below 4,555
For safer risk management:
• Short liquidation: $5,500+
• Long liquidation: $3,500-
Manage risk wisely and avoid excessive leverage.
Trade Accordingly 👇🏻
#GoldRisesAbout14%InAugust
