XAUUSD has encountered resistance around the $1942 zone, and despite seller pressure, it has not breached this level. As a result, we can consider taking a buy position temporarily.
Trade active
It was activated a couple of one 2 hours after the publication
Note
I anticipate a further ascent, aiming to reach a new peak around $1954. However, it is essential to monitor the price action signs before making our next decision.
Trade closed: target reached
Perfect, the Gold price reached new high and we closed our positions, at $1954
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