đđĄ XAUUSDT (Gold) Market Update | Perpđ„
Gold is quietly showing strength today as XAUUSDT holds firmly above the key 4,950 zone, printing a steady recovery after recent intraday dips. Price is now trading above the short-term moving average, signaling that buyers are$XAU defending momentum rather than chasing panic.
The repeated rebounds from lower levels suggest smart money accumulation, while volatility remains controlled â a classic sign of pre-breakout compression. Volume is stabilizing, indicating that the market is waiting for a catalyst rather than exiting positions.
đ What makes this move special?
Gold isnât rushing â itâs building. When price stays calm near highs, it often hints that strength is loading, not fading.
Key Zones to Watch:
âą Support: 4,940 â 4,955
âą Resistance: 4,975 â 5,000 (psychological zone)
If bulls maintain control above support, a slow grind higher could surprise late sellers.
âš Sometimes the strongest moves start when the chart looks boring.