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$XAU ended the week with a solid recovery candle, reclaiming the $5,000 handle and closing near $5,081, while still respecting the rising support line. This week’s candles show a clear rejection of lower prices and a late-week bid returning into the close.
Hold above $5,000–$4,940 keeps the weekly close bullish and supports continuation attempts toward $5,100. Lose the rising support and accept back below $4,940, and this week turns into a failed bounce with downside reopening.
$XAG spent this week stabilizing after the flush, recovering from the 64.26 wick low and reclaiming the 82–84 area. Since then, price has been grinding sideways, printing a tight base around 83.6 with buyers consistently stepping in on dips.
As long as 82.0–83.0 holds, this looks like consolidation after the rebound, with 86.0 as the next upside trigger. If 82.0 breaks, expect the range to expand lower first, with downside risk back into the mid/high 70s before any clean continuation