XAUUSD WEEKLY ANLAYSIS

67
GOLD MARKET UPDATE
Triangle formation

gold is currently trading within a triangle pattern,
indicating a critical juncture. two possible scenarios emerge:

Scenario 1: bullish continuation
. fails to break out upwards confirming triangle resistance
. continues sell trend targeting :
2600-2580

KEY LEVELS:

. Support : 2656-2647
. Resistance : 2732-2752
. Breakdown target : 2600-2580

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