$XAU is trading around 4,790 and once again approaching the key resistance at 4,800. A strong breakout above this level could push price toward 4,850–4,857 in the coming sessions.
Price is holding above the 50 EMA (4H), which is acting as dynamic support. Immediate support stands at 4,750, followed by 4,700. Meanwhile, MACD (4H) has confirmed bullish momentum.