XAUUSD | M5 Follow-up
Yesterday, the focus was on waiting for a short-term pullback while the broader trend remained bullish.
Gold later retraced into the 4,101–4,107 area before rallying toward 4,141.
That represents roughly a +43 point (+1.05%) move from the pullback zone.
Current multi-timeframe RSI structure:
• H1: Strong Up
• H4: Strong Up
• M15: Pullback in up-wave
The higher-timeframe momentum remains constructive, while short-term RSI is beginning to cool again.
Rather than chasing price, the next pullback may provide more useful information about trend continuation.
For market analysis and educational purposes only.
Yesterday, the focus was on waiting for a short-term pullback while the broader trend remained bullish.
Gold later retraced into the 4,101–4,107 area before rallying toward 4,141.
That represents roughly a +43 point (+1.05%) move from the pullback zone.
Current multi-timeframe RSI structure:
• H1: Strong Up
• H4: Strong Up
• M15: Pullback in up-wave
The higher-timeframe momentum remains constructive, while short-term RSI is beginning to cool again.
Rather than chasing price, the next pullback may provide more useful information about trend continuation.
For market analysis and educational purposes only.
