$XAU is moving around 5074 after a long liquidation. Price is under pressure. Support is near 5020 and resistance is around 5120. If price stays below resistance, more downside is likely. A break above resistance would change the trend. Sell zone is 5100–5120 with targets at 5040 and 5000. Stop loss should be above 5160.$XAU

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$XAU

XAU
XAUUSDT
5,449.6
-1.00%