๐ข Waitโฆ gold $XAU may be waking up again โ๏ธ
After sliding from the 4,400 area, XAU has bounced sharply from around 4,348 and is now reclaiming 4,370. The key question: can buyers turn this rebound into a proper reversal?
๐ฉ XAU LONG โ Reclaim Setup
Entry: 4,364 โ 4,371
TP1: 4,380
TP2: 4,392
TP3: 4,402
Stop Loss: 4,355
Why: 15M candles are forming higher lows from the recent bottom, with buyers pushing back above 4,364 resistance.
Wait for confirmation donโt chase. Manage risk & DYOR.
Trad...
Honestly? I'm just waiting for $ETH to dip so I can grab some more. If it happens, cool. If not, I'll probably end up buying anyway because that's how this always goes.
Been doing this long enough to know the best plan is usually the simplest one โ wait for red, buy when it feels uncomfortable, then forget about it for a while. Not rocket science, just patience and a bit of nerve.
Maybe it dips, maybe it doesn't. Either way, I'm not losing sleep over it.
Bitcoin is currently breaking above the 50-week Moving Average (50MA), and historically, reclaiming and holding this level has often been an important signal during major bullish cycles.
Right now, the signal is flashing again.
It is not confirmed yet, the weekly candle needs to close and hold above the 50MA. Until that happens, we should treat this as a developing setup rather than a confirmed breakout.
If $BTC successfully closes above the 50MA and maintains that level as support, it coul...