Gold Spot / U.S. Dollar
Long
Updated

XAUUSD with strong Bullish formation

1041
GOLD exhibiting CUP and Handle formation, the target for this setup is provided and the buy back zone is provided.
Trade active
snapshot

Gold has confirmed a cup-and-handle breakout, signaling strong upside potential. Historical patterns suggest a rally toward $4,063, with key support at $2,829 - $2,912 for potential re-entries. With inflation and macro trends favoring gold, a buy-and-hold strategy targeting $4,000+ remains optimal.

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