$XAU spot analysis ✅



Clear intraday bearish trend after a rounded top distribution.
Strong impulsive selloff followed by a falling channel correction.
Price has now broken out of the channel and is forming a bullish retracement structure.
📌 Key Zones
Support / Entry Zone: 5,020 – 5,040
Strong demand reaction.
Structure low formed after capitulation wick.
Logical higher-low area inside developing recovery.
Invalidation (Stop Area): Below 4,997
Break below this level likely resumes bearish continuation.
Would confirm lower-low structure again.
Target Zone: 5,260 – 5,290
Previous breakdown area.
Supply zone + intraday resistance.
Clean imbalance area left during
#AXU #CLARITYActAdvances
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