Gold Spot / U.S. Dollar
Long
Updated

GOLD next Amid Bullish Expected

147
XAUUSD Trading Setup lets we see how the price will react?

Gold is strengthening and moving towards the upper boundary of its current trading range, supported by weakening USD fundamentals. The local trend is bullish, underpinned by fundamental factors favouring gold as a safe-haven asset.

The U.S. Dollar is under pressure, which is lending support to gold prices. The local trend is set by a fundamental backdrop favouring gold’s rise Gold is heading towards key resistance levels, signalling potential for further upside.

Key Levels to Watch:
Resistance: 3385 / 3415
Support: 3350 / 3335

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