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📈 XAUUSD (Gold) Technical Outlook
As of yesterday, Gold (XAUUSD) has been trading within a tight and volatile range between 3335 and 3360, creating uncertainty for many investors. This consolidation zone reflects indecision in the market, with participants cautious about taking positions until a clearer direction emerges.
However, today we are witnessing a breakout above the key resistance level at 3366, which could indicate renewed bullish momentum. If this breakout sustains, we expect a potential rally toward the 3400– 3420 zone, where the next significant resistance lies.
traders if you like this idea if you have on Opinion about this analysis share in comments i will be Glad
📈 XAUUSD (Gold) Technical Outlook
As of yesterday, Gold (XAUUSD) has been trading within a tight and volatile range between 3335 and 3360, creating uncertainty for many investors. This consolidation zone reflects indecision in the market, with participants cautious about taking positions until a clearer direction emerges.
However, today we are witnessing a breakout above the key resistance level at 3366, which could indicate renewed bullish momentum. If this breakout sustains, we expect a potential rally toward the 3400– 3420 zone, where the next significant resistance lies.
traders if you like this idea if you have on Opinion about this analysis share in comments i will be Glad
Trade closed: target reached
Target reached
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✅My Free Signals
t.me/+z0Nor_UdLmM2MTY0
✅Join my Telegram Channel
t.me/KB_Trading_Class
t.me/+z0Nor_UdLmM2MTY0
✅Join my Telegram Channel
t.me/KB_Trading_Class
Related publications
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.