📊 Market Analysis: XAU/USDT (Gold) $XAU
Current Status: Bullish Momentum / Testing Resistance
The price has surged +2.72% and is currently hovering around $5,003. We are seeing a slight consolidation at the top after hitting a high of $5,012. A short position here is a high-risk/high-reward play betting on a rejection from the $5k level.
📉Entry Zone: $5,003 - $5,010
Target 1: $4,985
Target 2: $4,960
Target 3: $4,930
🚫 Stop Limit: $5,025