$XAU XAUUSDT is currently trading near 4,979, consolidating after a sharp rejection from the 5,625 swing high and strong bounce from the 4,444 demand zone. On the 4H timeframe, price is forming a tight range just below minor resistance, indicating a potential breakout setup. Momentum has cooled, but structure remains bullish as long as higher lows continue to hold above the 4,900 region. Volume contraction suggests a volatility expansion move is approaching.
📊 Key Levels to Watch $XAU
🔹 Immediate Resistance: 5,050 – 5,165
🔹 Major Resistance: 5,425 – 5,625
🔹 Immediate Support: 4,900 – 4,850
🔹 Strong Demand Zone: 4,640 – 4,444
🔥 Trading Scenarios
Bullish Breakout Plan:
A strong 4H close above 5,165 can trigger momentum toward 5,425, with extended targets at 5,625.
Bearish Breakdown Plan:
If price loses 4,850, expect a correction toward 4,640, and possibly a retest of 4,444 demand.
📌 As long as price holds above 4,850, dips remain buy opportunities. A breakout above 5,165 could ignite the next impulsive rally.
Trade smart. Manage risk. Let the levels guide you.
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor.
#cryptotradinganalysisboss #BinanceSquare #TechnicalAnalysis #altcoins #XAU
