Gold Spot / U.S. Dollar
Long
Updated

Gold (XAU/USD) is bullish, with a target of 2895

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As we enter a new week in the market, it's important to note that last week, Gold (XAU/USD) faced significant selling pressure and reached its previous support zone between 2835 and 2830, but it didn't break through this level. Currently, we're analyzing a potential bullish move, with a target price (TP) in the 2890 to 2895 range. After reaching this price, Gold will likely face a key decision point, determining its next direction. Our analysis suggests that Gold may experience a decline after reaching 2895.

Therefore, you can consider taking a buy entry, targeting the 2895 area. Please note that this is just our analysis for informational purposes and not a trading signal.

Thank you.
Trade active
Congrats who followed our setup. Tp 2895 successfully achieved ✅ now we have to wait before taking another entry we need confirmation. Thank you

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