Gold Spot / U.S. Dollar
Long
Updated

XAUUSD

21171
Hello Traders! 👋
What are your thoughts on GOLD?

Gold remains in a strong uptrend, and there are no clear signs of a trend reversal yet. At the current levels, a short-term correction to the marked support zones is expected before resuming the upward move toward higher targets.

🔹 Scenario 1: A pullback to key support levels followed by a continuation of the uptrend.
🔹 Scenario 2: A breakout above the key resistance level, a pullback to retest it, and then a buying opportunity.

As long as the bullish structure remains intact, the main strategy is to focus on buying opportunities either at support levels or after a confirmed breakout of resistance.

What’s your outlook on gold? Do you see higher targets ahead? Share your thoughts in the comments!

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