Why: Price broke out strongly from the 5170 base and is now consolidating above MA7 and MA25, showing strong short term trend continuation. The pullbacks are shallow and buyers keep stepping in quickly, which usually signals accumulation before the next leg up. RSI is strong but still trending, meaning momentum is still on the bulls' side if support holds.
Trade $XAU here 👇
{future}(XAUUSDT)
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$XAU holding bullish momentum after breakout
Long $XAU
Entry: 5230 – 5245
SL: 5095
TP1: 5280
TP2: 5320
TP3: 5380
TP4: 5450
Why:
Price broke out strongly from the 5170 base and is now consolidating above MA7 and MA25, showing strong short term trend continuation. The pullbacks are shallow and buyers keep stepping in quickly, which usually signals accumulation before the next leg up. RSI is strong but still trending, meaning momentum is still on the bulls' side if support holds.
Trade $XAU here 👇
{future}(XAUUSDT)