Gold Spot / U.S. Dollar
Long
Updated

DeGRAM | GOLD Anchored Above the Channel

546
📊 Technical Analysis
  • GOLD trades within an ascending channel, holding above $3 285 support.
  • A breakout from a triangle confirms bullish momentum. Key targets are $3 360 - $3 380.


💡 Fundamental Analysis
Demand is rising amid safe-haven flows, Chinese insurer interest, and central bank buying. A weaker USD and US - China tensions support gold.

Summary
Technical breakout and strong fundamentals favor XAUUSD growth. Holding above $3 285 keeps the path open to $3 360.

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Trade closed: target reached
GOLD has successfully broken through the resistance zone!

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