XAUUSD TP 5460

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XAUUSD TP 5460XAU/USD SpotFX:XAUUSDXTrendSpeedOn the 4-hour chart, XAUUSD is trending upwards, with bulls holding the upper hand in the short term. Currently, watch for support around 5120; a pullback that holds above this level could lead to further gains, with an upside target around 5460. When the price reaches around 5460, watch for a potential bearish bat pattern.