Gold Spot / U.S. Dollar
Long
Updated

#XAUUSD: $3400 On The Way! Get Ready For Record High!

5 158
Gold has rebounded to previous highs, maintaining a bullish trend. We expect it to continue this momentum, potentially reaching $3400 in the long term. To set take profit, consider $3250, $3300, and $3400. Use accurate risk management and conduct your own research before trading gold.

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Trade active
• Gold Price Prediction: Gold price is expected to reach $3250 and potentially $3400 in the coming weeks.
• Reason for Prediction: Bullish market sentiment due to ongoing tensions between China and the USA.
• Technical Analysis: 1150+ pips as explained in the provided chart analysis.


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Trade closed: target reached
1670+ pips target has hit successfully, now we will have to wait and see how price develop, we recommend all to be extra careful trading gold going forward. We will post a new setup after holidays.

Good luck and well done to all who uses this analysis as secondary bias.

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