Everyone expects a breakdown for $XAU right now. ⚔️
Despite being below EMA50 at 3,886.02, this perpetual contract is holding VWAP at 3,882.66 with a positive MACD. The bearish narrative seems premature while price stays above support at 3,881.25. 🐂
Are you trading this on the 15m or the longer timeframe?
#XAU #GoldPrice #BinanceSquare #Trading
⚠️ Perpetual contracts are leveraged derivatives, not the stock or commodity itself.
Personal market view, not advice. Always do your own research before any trade.
Despite being below EMA50 at 3,886.02, this perpetual contract is holding VWAP at 3,882.66 with a positive MACD. The bearish narrative seems premature while price stays above support at 3,881.25. 🐂
Are you trading this on the 15m or the longer timeframe?
#XAU #GoldPrice #BinanceSquare #Trading
⚠️ Perpetual contracts are leveraged derivatives, not the stock or commodity itself.
Personal market view, not advice. Always do your own research before any trade.
