$XAU
U Open a large long position now, and love me later
Entry 4170-4130
Stop loss 4120
Take profit 4190-4220
Long position $XAU 👇
XAUUSDT
Perpetual
4,166.69
+0.53%
$XAU 1H
At 4161, price is pressing against resistance at 4166, with 4125 as structural support, 36 points below.
Price is consolidating near the top of the range.
Holding above 4166 keeps the structure intact and range-bound. A clear breakout could open the way for a new upward move.
Failure here brings 4125 back into focus.