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📈 $XAU Gold Technical Update — Is the Bottom In?
Gold flushed from $5,594 and bounced hard off the $4,700–$4,800 demand zone.
Key Levels • Support: $4,850 (strong buyers stepping in)
• Resistance: $5,200 → $5,450
Momentum • RSI (4H): Recovering from oversold → bullish reset
Verdict The 2026 trend stays bullish.
As long as price holds above $4,800, the roadmap toward $6,000 remains intact.
This move looks like a weak-hand shakeout, not a trend break.
Are you buying the dip or waiting for confirmation? 👇
Not financial advice. DYOR.
#GoldPrice #XAUUSD #TechnicalAnalysis #TradingSignals #Markets2026
$PAXG $XAUT