XAUUSD
XAUUSD is maintaining a strong bullish trend on the D1 timeframe, consistently forming higher highs and higher lows, indicating sustained upward momentum. This price action suggests that buyers are in control, pushing the market higher. Additionally, on the H1 timeframe, XAUUSD is trading within a well-defined bullish parallel channel, reinforcing the short-term upward trend and providing potential opportunities for further price appreciation.
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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.