XAU/USD with a breakout above 2772, aiming for a long-term target in the range of 2800 to 2820. Given the current price at 2782, a further rise could signal continued bullish momentum.
If the market continues to hold above the breakout level at 2772, it might confirm the uptrend and support a move towards 2800–2820. You could consider placing a stop loss below the breakout level (around 2770 or slightly lower) to manage risk, as any pullback below this area might invalidate the bullish case.
You can find more details in the chart.
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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.