Gold Analysis – #XAU/USD# (15M | CMP: 4162)
Gold continues to maintain a strong bullish bias on the lower time frame. Institutional buyers seem to be defending the 4150–4130 zone, suggesting solid accumulation. As long as this support remains intact, the price could extend toward 4185 and possibly 4200.
Market momentum aligns with a risk-on sentiment, supported by declining yields and a weaker dollar tone. Traders should monitor volume activity near resistance levels - a breakout with strong candle confirmation may signal continuation, while any rejection could hint at short-term exhaustion.
📊 Bias: Bullish continuation above 4150
📉 Invalidation: Below 4130
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