The chart shows key resistance zones (red) and support zones (blue) for XAU/USD. Price is currently testing a support zone, and a bearish breakout could lead to a move towards the lower blue zone around $2,550. If the support holds, the price might attempt a recovery towards the red resistance zone. The market is at a critical point, and a breakout in either direction is possibl
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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.