XAU
XAUUSDT
4,472.4
-0.55%

$XAU has just opened the new session holding above the ascending trendline and reclaiming the $5,000 area after last week’s pullback.

The market is currently compressing below the $5,100 resistance, with price stabilizing around $5,020–$5,040. As long as gold holds above the rising support, structure remains constructive and another test of the $5,100 highs becomes likely.

A loss of the trendline would weaken momentum and expose the $4,950 zone again.