XAU (Gold) Update
Gold surged to 4,700 as Strait of Hormuz tensions eased following Trump’s tweet, while a weaker USD supported the recovery.
If Gold breaks above 4,745, it could rally toward 4,800 and possibly 4,900. On otherside, RSI is oversold, so a short-term dip is possible. If Gold fails to hold above 4,700, a retest of 4,585 is likely.
Overall, the chart looks healthy, but RSI indicates caution for a pullback.
XAUUSDT
دائم
4,703.21
+1.50%