After several days of heavy selling, gold ($XAU) finally caught a breather.
XAUUSDT (Perp) is showing a modest recovery, gaining around 1.2% and trading near the $4,705 area. It’s a small bounce, but an important one after the sharp drop from $5,608, hinting that buyers are starting to step back in at lower levels.
For now, price is stabilizing — but caution remains. The market is still assessing whether this move marks a true bottom or just a temporary pause in a broader sell-off.
The road back toward $5,000 won’t be easy.
But at least for the moment, the bleeding has slowed — and that alone matters.
#XAU #GoldMarket #RiskSentiment #PriceAction