XAU/USD Update | Can Bulls Clear 4749? for OANDA:XAUUSD by azgoldtrader
TradingView idea: XAU/USD Update | Can Bulls Clear 4749? for OANDA:XAUUSD by azgoldtrader TradingView symbol: XAUUSD Gold opened with a gap down, and we saw a pullback into 4651 minor support, which provided a strong bounce and led to a test of 4749 resistance. MA50 continues to act as dynamic support, and price is currently trading just below 4749, which remains the key short-term level to watch. The broader weekly outlook remains intact, and a confirmed break above 4749 would open 4790. On the downside, another rejection from resistance could see price rotate back toward MA200 and 4627, with the …