XAUUSD Market scenario,, running uptrend (Read captions)XAUUSD Price Forecast 🔔
Gold remains in an uptrend, with key resistance at 2788. A breakout above this level could confirm targets of 2820. Support holds at 2760, and a breakdown through the moving average may trigger further selling, targeting 2739, 2718, and 2696. The 200 EMA & 50 EMA golden crossover signals a bullish outlook.
OANDA:XAUUSD
Trade Setup:
Buy Entry: 2778-2760
Target 1: 2788
Target 2: 2820
Stop Loss: 2755
Trade Setup:
Sell Entry: 2778
Target 1: 2760
Target 2: 2739
Target 3: 2718
Target 4: 2696
Stop Loss: 2792