$XAU saw long liquidations near $5147 — a sharp shakeout as sellers defended resistance. Price rejected highs and pulled back toward short-term support around $5050.

Momentum has cooled, and structure suggests a potential lower high forming unless bulls reclaim $5200.

📍 Trade Setup:

Entry: $5060–$5100

Stop Loss: $4980

Targets: $5200 / $5280 / $5400

Key levels will decide the next wave. Stay sharp. Let’s go on $XAU

XAUUSDT

Perp

4,509.12

+0.25%

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