XAU / USDT (Gold) 4H Setup: Relief Bounce into Major Supply & Rejection Path! 📊
Hey Binance Square family! Let’s examine the latest price action on the Gold (XAU / USDT) 4-Hour Perpetual Contract chart on Binance. Gold is currently trading around $4,132.54, posting a +1.49% recovery bounce as it reacts strongly off recent lows.
Here is the complete technical breakdown and trade setup for the upcoming sessions:
📉 Technical Analysis Breakdown
Market Context: Following a sharp multi-week impulsive sell-off and sweeping local lows, XAU has printed an aggressive corrective relief rally, moving back toward key overhead institutional boundaries.
Price Action Path: The chart maps out a strong continuation of this relief push to retest the major 4H Supply Zone around the $4,270 – $4,300 region. Once price sweeps liquidity into this supply block, the plan anticipates a sharp rejection and impulsive downward continuation.
🎯 Trade Setup Parameters
Asset / Pair: XAU / USDT Perpetual Contract (Binance 4H Chart)
Position Type: Short 🔴 (Supply retest & rejection play)
Entry Zone: $4,250 – $4,300 (Looking for short entries upon the sweep into the 4H Supply zone)
Stop-Loss (SL): $4,330+ (Placed securely above the supply block to invalidate the setup if bulls break through)
📉 Take-Profit (TP) Targets
Target 1: ~$4,070 (Initial local support and pivot level)
Target 2: ~$3,945+ (Major downside extension target matching previous structural lows)
🤔 What do you think, Binance Square?
Will Gold push up to test the $4,300 supply zone before rolling over back toward $3,945, or are buyers ready to flip the broader trend?
Drop your thoughts and targets in the comments below! 👇💬
$XAUT
#Gold #XAUUSDT #CryptoTrading #BinanceSquare #TechnicalAnalysis #Perpetuals #TradingSetup
Hey Binance Square family! Let’s examine the latest price action on the Gold (XAU / USDT) 4-Hour Perpetual Contract chart on Binance. Gold is currently trading around $4,132.54, posting a +1.49% recovery bounce as it reacts strongly off recent lows.
Here is the complete technical breakdown and trade setup for the upcoming sessions:
📉 Technical Analysis Breakdown
Market Context: Following a sharp multi-week impulsive sell-off and sweeping local lows, XAU has printed an aggressive corrective relief rally, moving back toward key overhead institutional boundaries.
Price Action Path: The chart maps out a strong continuation of this relief push to retest the major 4H Supply Zone around the $4,270 – $4,300 region. Once price sweeps liquidity into this supply block, the plan anticipates a sharp rejection and impulsive downward continuation.
🎯 Trade Setup Parameters
Asset / Pair: XAU / USDT Perpetual Contract (Binance 4H Chart)
Position Type: Short 🔴 (Supply retest & rejection play)
Entry Zone: $4,250 – $4,300 (Looking for short entries upon the sweep into the 4H Supply zone)
Stop-Loss (SL): $4,330+ (Placed securely above the supply block to invalidate the setup if bulls break through)
📉 Take-Profit (TP) Targets
Target 1: ~$4,070 (Initial local support and pivot level)
Target 2: ~$3,945+ (Major downside extension target matching previous structural lows)
🤔 What do you think, Binance Square?
Will Gold push up to test the $4,300 supply zone before rolling over back toward $3,945, or are buyers ready to flip the broader trend?
Drop your thoughts and targets in the comments below! 👇💬
$XAUT
#Gold #XAUUSDT #CryptoTrading #BinanceSquare #TechnicalAnalysis #Perpetuals #TradingSetup
