#gold# d pulled back in Asian trade from a three-week high as profit-taking and a stronger #USD pressured prices.
Trend remains bullish on the 4H chart with higher highs and higher lows. Currently in correction phase a break above 5250 could resume upside momentum.
12 EMA stays above 52 EMA, supporting bullish bias.
Levels:
R1: 5250 | R2: 5430
S1: 5100 | S2: 5000
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#forextrading# #XAU/USD# #Commodities#
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