$XAU is breaking down after rejecting at a key area of resistance at $5081.
$4916 is the next area of support that I am watching. On holding above that area there is chance of a bounce having $5081 and $5100 as the next targets.

A break below $4916 will trigger a breakdown move to $4880, 4830 and 4751 as the next targets.


#XAU #XAUUSD

XAU
XAUUSDT
5,018.53
+1.66%