$XAU (Gold) is showing strong bullish momentum, trading around $4,636/oz after breaking above key resistance. The weaker dollar and falling yields are supporting the rally.
📈 Key resistance: $4,700–$4,750
🛡️ Key support: $4,600–$4,500
If $4,700 breaks decisively, the next upside zone could be $4,800. A loss of $4,600 would increase the chance of a short-term pullback.#BitcoinOpenInterestFallsToTwoMonthLow #BitcoinRises23.6%Weekly
📈 Key resistance: $4,700–$4,750
🛡️ Key support: $4,600–$4,500
If $4,700 breaks decisively, the next upside zone could be $4,800. A loss of $4,600 would increase the chance of a short-term pullback.#BitcoinOpenInterestFallsToTwoMonthLow #BitcoinRises23.6%Weekly
