Gold target successfully hit
Gold (XAU/USD) successfully hit the 2,930 target after a breakout, continuing its upward movement within the ascending channel. The price has reached new highs, with the next resistance point around2,933.719. Support remains at $2,880.671. The Fibonacci levels suggest a strong bullish trend, with further potential for higher prices if the momentum is sustained.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.