$XAU Market Update:
Bulls Face a Key Resistance Zone!
Gold has made a strong recovery from 3,999.15, pushing toward 4,073.48 before a slight pullback. At 4,071.48, $XAUUSDT is still showing short-term strength, but buyers need confirmation to extend the rally.
Scalp Setup:
Entry Zone:
4,058-4,066
TP1: 4,073.48
TP2:
4,077.20
Stop Loss: 4,045
RSI(6) at 70.4 indicates strong momentum, while fading volume suggests caution. A sustained move above resistance could support further upside, but losing EMA(12) may weaken the bullish setup.
Trade with discipline, not emotion. DYOR.
$XAU #Gold #XAUUSDT
#TechnicalAnalysis #Write2Earn
Bulls Face a Key Resistance Zone!
Gold has made a strong recovery from 3,999.15, pushing toward 4,073.48 before a slight pullback. At 4,071.48, $XAUUSDT is still showing short-term strength, but buyers need confirmation to extend the rally.
Scalp Setup:
Entry Zone:
4,058-4,066
TP1: 4,073.48
TP2:
4,077.20
Stop Loss: 4,045
RSI(6) at 70.4 indicates strong momentum, while fading volume suggests caution. A sustained move above resistance could support further upside, but losing EMA(12) may weaken the bullish setup.
Trade with discipline, not emotion. DYOR.
$XAU #Gold #XAUUSDT
#TechnicalAnalysis #Write2Earn