Baby Zone: post #55709 — TG.ME

In the daily chart, XAU/USD trades at $4,065.79, keeping a bearish near-term tone as spot holds below all major moving averages. The 21-day simple moving average (SMA) at $4,066.82 is being tested just overhead, while the longer-term 50-day, 100-day and 200-day SMAs at $4,174.88, $4,416.37 and $4,490.35 respectively, line up as layered resistance, suggesting rallies remain capped for now. The Relative Strength Index (14) at 47.48 sits just under the neutral 50 line, hinting at subdued momentum rather than a decisive reversal. On the topside, initial resistance is the nearby 21-day SMA at $4,066.82, followed by the 50-day SMA at $4,174.88. Above there, the 100-day SMA at $4,416.37 and the 200-day SMA at $4,490.35 form a broader supply zone that would need to be reclaimed to soften the bearish bias. With no clear moving-average supports below the current price in this dataset, any further decline would likely seek validation from prior swing lows on the chart, while recovery attempts are expected to struggle beneath the clustered daily SMAs