XAUUSD (Gold)* currently at *2,863.490*, with a *breakout area* highlighted around *2,841.944*. The price has recently tested this zone and is expected to either *retest* or *break out* above it. If the price holds above the breakout area, a *bullish move* towards the *target* of *2,940.000* is anticipated.
The *key support* is at the *breakout area*, and a move above this level could lead to further upside. Watch for *price action* in the breakout zone for potential entry points.
The *key support* is at the *breakout area*, and a move above this level could lead to further upside. Watch for *price action* in the breakout zone for potential entry points.
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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.