XAU/USD remains in a strong uptrend on the daily timeframe, currently pulling back after hitting all-time highs.
Buyers are defending the demand zone around 3,170–3,130, and as long as this area holds, the bullish structure remains valid.
We’re now watching for signs of accumulation or breakout retests for a potential move back toward 3,400+.
Momentum is still on the bulls’ side — the climb isn’t over yet!
#XAUUSD #GoldDaily #PriceAction #SupportResistance #TrendAnalysis #BullishSetup #TradingView
Buyers are defending the demand zone around 3,170–3,130, and as long as this area holds, the bullish structure remains valid.
We’re now watching for signs of accumulation or breakout retests for a potential move back toward 3,400+.
Momentum is still on the bulls’ side — the climb isn’t over yet!
#XAUUSD #GoldDaily #PriceAction #SupportResistance #TrendAnalysis #BullishSetup #TradingView
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.