Gold Spot / U.S. Dollar
Long
Updated

#XAUUSD:From Our Last Analysis 534+ Pips What Next?

1 347
We published our analysis on gold on April 24th, highlighting the bullish market presence. The price indeed reversed from our zone, enabling us to make a significant move of over 234 pips. We anticipate a continuous price increase from our entry zone, potentially reaching 3500$. There are several reasons behind this belief. Firstly, the escalating war-like tension between India and Pakistan could lead to a surge in gold prices, potentially surpassing the previous high. Secondly, the heightened tensions among global investors are expected to result in an extreme bullish movement in gold prices.

Given the volatility of gold, we recommend trading cautiously and taking extra precautions while trading gold.

Wishing you good luck and safe trading!

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636+ Pips From Our Entry, As we had mentioned that price will come to our area of 3270 once before it reverse and it did exactly that.


Thank you for your support! 😊

If you’d like to contribute, here are a few ways you can help us:

- Like our ideas
- Comment on our ideas
- Share our ideas

Team Setupsfx_
❤️🚀

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