Gold is approaching its next major decision zone. 👀
$XAU has recovered strongly from the $3,950–$3,983 support area and is now moving toward resistance around $4,690–$4,804.
Daily close above $4,804: bullish structure strengthens. Rejection from the zone: a pullback or consolidation becomes likely.
Breakout—or another rejection from the same area?
#XAU #GOLD #crypto #TechnicalAnalysis #A1XO
$XAU has recovered strongly from the $3,950–$3,983 support area and is now moving toward resistance around $4,690–$4,804.
Daily close above $4,804: bullish structure strengthens. Rejection from the zone: a pullback or consolidation becomes likely.
Breakout—or another rejection from the same area?
#XAU #GOLD #crypto #TechnicalAnalysis #A1XO