#XAUUSD
The price is currently holding above the key support zone of 4285-4305, which remains a significant area of institutional demand.
#GOLD
The next target is external buying liquidity above 4360.
Following that are the resistance levels around 4400 and 4440. A successful break above these liquidity resistance levels could trigger a new round of upward movement.
Note that the 4360 resistance level is also a potential entry point for short sellers.
#XAUUSD#GOLD
Note that at the end of wave 5, the price will react in an ABC pattern.
The 4390-4410 range is considered the end of the upward trend, and selling should begin there.
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#XAUUSD Analysis 📊
Friday’s dip to 5009 was just the warm-up. The 5000–4995 Buy Side Liquidity pool remains the magnet. 🧲
Expect a sweep of that zone before any real reversal. If momentum holds, watch for a Deeper Sweep into the 4970–4960 corridor. 📉 #BTCUSD#Forex
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