$XAU 🚀 Gold at a Discount? Time to Watch the Bounce! 📈
Is the XAUUSDT correction finally over? We’ve seen a massive pull-back from the $5,625 highs, and Gold is now sitting in a major interest zone around $5,189.
Why the Bulls are watching:
The Oversold Play: After a -7.27% drop, the market is primed for a relief rally.
Historical Support: We are approaching the $5,047 floor—a level where buyers have stepped in strong before.
The Opportunity: Smart money looks for blood in the streets. This "red" might just be the "green" flag for a trend reversal! 🚩➡️✅
Strategy: Keep a close watch on the 1H candle closures. If we reclaim the EMA levels, we could be headed back toward the moon! 🌕
Don't chase the red, plan the recovery. Who’s eyeing a long position here? 🙋♂️💎