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$XAU5L /USDT is trading under strong bearish pressure after a sharp rejection from the 0.5200 zone. The 15m chart reflects continuous downside momentum with sellers dominating every recovery attempt. Price is now stabilizing near a critical demand area around 0.4560–0.4520, where short-term traders are watching for either a relief bounce or another breakdown continuation.
Support: 0.4560 – 0.4520
Resistance: 0.4800 – 0.5000
Target: 0.5200 – 0.5450
Stoploss: 0.4450
Momentum remains weak in the short term, but holding above support could trigger a fast rebound toward resistance levels. A breakout above 0.5000 may restore bullish strength, while losing 0.4520 could open the door for deeper downside pressure.#GateSquareMayTradingShare