$XAU The monthly chart pulled back to EMA21 and held, so a monthly-scale rebound is possible. It may rise to around 5400 to form a secondary top.
Daily: liquidity sweep at 3886, then a break above the descending trendline. Short-term target: 4217; mid-term: 4800+. 5400 is only a possibility. Wait for a pullback before entering a medium- to long-term long position.
Daily: liquidity sweep at 3886, then a break above the descending trendline. Short-term target: 4217; mid-term: 4800+. 5400 is only a possibility. Wait for a pullback before entering a medium- to long-term long position.
