The price perfectly fulfilled my last idea. It hit the target zone. XAUUSD market continues to climb, having broken and closed above the psychological 3000 level. Previously, the price struggled to break through, creating a range before this upward movement. I think the ideal buy price could be just below the previous day's low and the psychological level. At this stage, the market may form a corrective move toward the support level and the upward trendline then rebound. I expect the range zone around 2980 to act as a solid support area in anticipation of the bullish trend's continuation. My goal is resistance zone around 3055
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The price continues to push higher but has not yet tested the 3050 level and has pulled back. I think the price may move sideways until the NY session due to the upcoming Federal Funds Rate decision release. There's a chance it could dip toward the previous day's low and the psychological level at 3000 and then rebound. However, if the news turns out to be positive, we could see another continuation toward the 3060 level and even higher levels. I expect the price to keep moving higher as long as it holds above the support level and the upward trendline. My goal is resistance zone around 3050
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