On the Daily timeframe, I expect XAUUSD to move toward at least the 3500 level. The overall structure remains bullish, and the momentum suggests further upside potential.
On the H4 timeframe, the price has broken out of the bullish flag, closed above it, and has already retested the breakout zone. This confirms the breakout and supports the bullish continuation bias.
On the H4 timeframe, the price has broken out of the bullish flag, closed above it, and has already retested the breakout zone. This confirms the breakout and supports the bullish continuation bias.
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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.