VIP MARKET UPDATE: $XAU
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$XAU on the 4H timeframe is trading around $5,190, holding firmly above the ascending trendline that has guided structure since the $4,860 low. Price continues to print higher lows, and the trend remains constructive as long as that support near $5,100–$5,120 holds.
The key level now is $5,250–$5,300 resistance. A clean break and acceptance above $5,300 would open room for continuation higher. However, a loss of $5,100 would weaken short-term momentum and expose a pullback toward $4,980–$5,000. For now, structure remains bullish, but the next breakout will define expansion.
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- Binance Killers®
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