$XAU ended the week with a solid recovery candle, reclaiming the $5,000 handle and closing near $5,081, while still respecting the rising support line. This week’s candles show a clear rejection of lower prices and a late-week bid returning into the close.
Hold above $5,000–$4,940 keeps the weekly close bullish and supports continuation attempts toward $5,100. Lose the rising support and accept back below $4,940, and this week turns into a failed bounce with downside reopening.
