XAU/USD Technical Analysis

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๐Ÿ“ˆ XAU/USD Technical Analysis

๐Ÿ”บ Rising Wedge Formation โ€“ Price approaching key resistance!
๐Ÿ“‰ Potential Retracement Zones:
โœ… 2902-2905 โ€“ First demand zone for a possible bounce
โœ… 2872-2882 โ€“ Deeper correction level
โœ… 2834-2853 โ€“ Stronger support

๐Ÿ“Š Possible Scenarios:
1๏ธโƒฃ Breakout Above โ€“ Bullish continuation ๐Ÿš€
2๏ธโƒฃ Pullback to Demand Zones โ€“ Before next move ๐Ÿ“‰

๐Ÿ’ก Gold Traders, What's Your Plan?

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