$XAU Gold has delivered a strong recovery from the 4,025 support zone, with buyers stepping in aggressively and pushing the price back above 4,200.
📊 Key Observations:
✅ 4,025 support remains intact
✅ Strong bullish recovery candle formed
✅ Price has rebounded to around 4,211
✅ Buying volume is increasing
However, one major hurdle remains...
⚠️ EMA(7) at 4,253
Gold is still trading below this key level.
A daily close above 4,250–4,260 could strengthen the bullish case and open the door for further upside.
The most encouraging sign is the strong rejection from 4,025, suggesting that panic selling has slowed and buyers are starting to regain control.
If the next daily candle also closes green, the chances of seeing 4,300+ increase significantly.
#Gold #XAUUSD #GoldTrading #ForexTrading #TechnicalAnalysis

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