📊 Technical overview (short-term frame):
$XAU
--> Moving quite similarly, true to the nature of “gold coin”.
Current price maintains above MA25, MA7 is still above MA25 → short-term trend has not broken.
Narrow fluctuation range, volume is not explosive → the market is accumulating after a rise.
🔎 Notable price areas:
- Near support:
+ PAXG: around 5.050 – 5.070
+ XAU: around 5.030 – 5.050
- Short-term resistance:
+ PAXG: 5.120 – 5.130
+ XAU: 5.090 – 5.100
📌 Possible scenarios
* If it holds above MA25 → possibility of sideways accumulation and then a slight bounce.
* If it loses MA25 with high volume → it may adjust deeper towards lower support areas.
⚠️ Note
- Gold usually does not experience shocks, suitable for short trading – manage capital tightly.
- Prioritize near TP, clear SL, avoid FOMO when prices move quickly.
#XAU #PAXG #GOLD #CryptoGold #BinanceTCN