Gold (XAU/USDT) Spot Market Update – 1H Chart
Gold remains strong on the 1H timeframe, rallying from 4911 to 5043 and maintaining a clear higher-high structure. Price is currently trading around 5037.
The key resistance to watch is 5045. A sustained move above this level could extend upside momentum toward the 5065–5100 zone.
• Pullbacks toward 5015 support may offer buying opportunities
• The bullish structure remains valid as long as price holds above 5015
If 5015 breaks decisively, a short-term correction toward 4990–4965 becomes likely.
Support: 5015 / 4990
Resistance: 5045 / 5065
The trend favors buyers for now, but be cautious of potential fake breakouts near resistance. Always manage risk and wait for confirmation. #GOLD #Silver #MarketRebound