🚨Live Market Update | $XAU (Gold)
Gold is holding strong above $4,600, keeping the bullish structure fully intact and confirming continuation after the recent all-time-high breakout.
📊 What’s driving price right now: • Ongoing geopolitical tensions continue to boost safe-haven flows
• USD remains under pressure as rate-cut expectations build
• Central banks are still consistent buyers, supporting the long-term trend
• Strength across metals confirms momentum (Silver staying above $90)
📈 Technical Read: • Structure: Clear higher highs & higher lows
• Momentum: Bulls remain in control
• Pullbacks: Still corrective, not bearish
🎯 Key Market Levels: Support Zone: $4,450 – $4,500
Upside Focus: $4,800 → $5,000 psychological barrier
As long as price holds above the breakout area, upside continuation remains the higher-probability scenario. A sustained move above $4,800 could accelerate momentum toward the $5,000 zone.
🧭 Bias: Strong Bullish
📌 Approach: Buy dips / Hold strength
📊 Asset: $XAU
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