XAUUSD is oscillating in a trading range, forming an ascending channel. It is currently consolidating over a key support zone, presenting a good opportunity to buy with a logical stop-loss. The bullish momentum could drive XAUUSD towards the $2700 mark again.
Trade active
🎉 Congratulations, Traders! 🎉
The gold price has risen beautifully from the support zone mentioned in our 4-hour analysis, heading towards the top of the ascending channel. 📈 Each pullback presented fantastic opportunities to long XAUUSD, and we successfully captured those trades multiple times with our members! ✅
💸 If you didn’t benefit from these trades, now is your chance to join us! Stay ahead with real-time signals and analysis. 🚀
🌟 Let’s keep winning together! 🟢
Trade closed: target reached
Gold’s bullish momentum has played out beautifully over the last two weeks, climbing by $150 or 1500 pips! 🏆 I refrained from frequent updates as the idea remained active during this steady rise.
However, with price nearing significant resistance zones, this bullish momentum might start to fade. I’ll provide fresh updates on the Gold chart soon to reflect any potential shifts.
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