Baby Zone: post #55714 — TG.ME

In the daily chart, XAU/USD trades at $4,129.18. The metal holds above the 21-day simple moving average (SMA) at $4,063, but remains capped by the 50-day SMA at $4,160, keeping the broader picture tilted to the downside while allowing for near-term recovery attempts. The 100-day and 200-day SMAs, clustered well above price near $4,398 and $4,491 respectively, reinforce the notion of a market still trading below its primary trend gauges. The Relative Strength Index (RSI) at 52.8 has turned marginally positive, hinting that selling pressure is easing, yet it does not offset the weight of the overhead moving averages. On the topside, initial resistance is located at the 50-day SMA around $4,160, where a sustained break would be needed to extend the rebound toward the 100-day SMA at $4,398 and then the 200-day SMA near $4,491. On the downside, immediate support emerges at the 21-day SMA at $4,063, with a break there exposing the rising trend-line support drawn from prior lows, now coming in around $3,951