#GOLD is holding the key zone $XAU USDT
#XAU is sitting around 4,162.5, with the recent range showing 4,146.3 support and 4,226.8 resistance. Price is near the lower side of the range, so I’d avoid chasing here and watch the reaction around support.
$XAU
Long setup only on confirmation
Entry: 4,155–4,170
SL: 4,135
TP1: 4,190
TP2: 4,220
TP3: 4,255
If 4,146 breaks and a 15m candle closes below it, I’d step aside from the long idea and watch for a deeper move toward 4,123–4,108.
My view: the setup needs confirmation because gold has been volatile. Recent market reporting also shows gold reacting strongly to U.S. inflation and rate expectations.
Risk first: XAUUSDT is a Binance perpetual contract, and leverage can amplify both gains and losses.
#Binance #Trading
#XAU is sitting around 4,162.5, with the recent range showing 4,146.3 support and 4,226.8 resistance. Price is near the lower side of the range, so I’d avoid chasing here and watch the reaction around support.
$XAU
Long setup only on confirmation
Entry: 4,155–4,170
SL: 4,135
TP1: 4,190
TP2: 4,220
TP3: 4,255
If 4,146 breaks and a 15m candle closes below it, I’d step aside from the long idea and watch for a deeper move toward 4,123–4,108.
My view: the setup needs confirmation because gold has been volatile. Recent market reporting also shows gold reacting strongly to U.S. inflation and rate expectations.
Risk first: XAUUSDT is a Binance perpetual contract, and leverage can amplify both gains and losses.
#Binance #Trading
