$XAU /USDT (Gold) is showing a 4H long setup within a daily range, indicating a potential springboard for upward momentum.
Entry Zone: 5,256.26 – 5,269.70
Stop Loss: 5,222.64
Take Profit Targets: 5,303.32 / 5,316.77 / 5,343.67
Context:
This is a range‑breakout candidate. A hold above 5,270 could trigger a move toward 5,340+, while a failure may see a fade back into the range.
Trade with caution:
· Confirm volume on the break.
· Watch for follow‑through above 5,270 to validate the setup.
· A loss of 5,222 invalidates the long bias.
Range breakouts require confirmation—don’t front‑run. Trade Here $XAU
XAUUSDT
Perp
4,886.7
-5.60%