Why: Price is consolidating after a strong impulse move, showing buyers are absorbing selling pressure instead of breaking structure. Still holding above key moving averages with higher lows forming, which often leads to continuation once momentum resets. This looks more like a healthy pullback than a reversal.
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$XAU pulling back after breakout, structure still bullish
Go long on $XAU /USDT 👈
XAU/USDT long setup
Entry: 5165 – 5185
SL: 5045
TP1: 5210
TP2: 5240
TP3: 5299
TP4: 5350
Why:
Price is consolidating after a strong impulse move, showing buyers are absorbing selling pressure instead of breaking structure. Still holding above key moving averages with higher lows forming, which often leads to continuation once momentum resets. This looks more like a healthy pullback than a reversal.
Trade $XAU here 👇
{future}(XAUUSDT)
#Gold #XAU