XAUUSD ANALYSIS UPDATE #SEMS #2834 Strong Demand Area

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XAUUSD Analysis Update : XAUUSD Bounces Back to $2,877 on Weaker Dollar

📌 Gold rebounded sharply on Monday, reaching $2,877 after touching a weekly low of $2,833 on Friday, as a weaker U.S. dollar, ongoing Ukraine peace deal uncertainty, and tariff concerns boosted safe-haven demand.

🔹 Key Market Drivers:

Weaker USD: Traders continue to price in two Fed rate cuts by year-end despite in-line inflation data on Friday.

Ukraine Peace Deal Uncertainty: Delays in reaching an agreement have fueled further market caution.

Projected Support Held Strong: As alerted in advance, the $2,834 demand zone proved to be a key buy area, triggering a successful rebound.

📊 Trade Execution & Results:
✅ All Buy Trades Closed in Profit at $2,876.14
✅ Critical Support Levels Held on: 04-02-25 | 14-02-25 | 21-02-25

🔗 Verify Analysis & Trade Records:

📍 Analysis 1: 14-2-25
📍 Analysis 2:21-2-25
Contatc for Details

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