🟡🏦 #GOLD ($XAU /USDT)
Gold bulls are firmly in control on the 1H timeframe, driving price from 4911 → 5043 in a clean higher-high structure. Momentum remains constructive as price hovers around 5037, keeping buyers in the driver’s seat.
🔑 Key Level to Watch: 5045
A decisive break above 5045 could open the path toward 5065–5100 in the near term.
⚠️ Invalidation Level: 5015
A drop below 5015 would weaken the bullish structure and shift momentum short-term bearish, exposing 4990–4965.
📍 Support: 5015 / 4990
📍 Resistance: 5045 / 5065
Trend still favors buyers, but be cautious of potential fake breakouts near resistance. Manage risk properly and stick to your plan.
