🥇 Gold — The Sideways Breakout Setup
Gold has officially broken the downtrend — now $5,091 is the key overhead resistance to clear.
The entire metals complex looks like it’s waiting on gold to make the next decisive move.
Meanwhile, leverage is quietly getting flushed out on schedule.
⚠️ One thing to watch:
Hidden bearish divergence on the weekly RSI.
That said… it wouldn’t take much geopolitics to flip momentum right back up.
Still ~10% below ATH.
Not the worst spot to stack and chill 🫡
#Gold #Metals #Commodities #MarketUpdate #BinanceSquare $XAU
XAUUSDT
Διην.
5,112.88
+0.14%