Gold Spot / U.S. Dollar
Long
Updated

#XAUUSD: Gold to continue rising,$4000 by end of the year target

1 564
Gold has unexpectedly declined to 3335 in response to the anticipated price increase following the unfolding conflict in Asia. Currently, two regions exhibit price reversals.

The XAUUSD price is progressing in accordance with our previous analysis. Both analyses have successfully reached the take-profit target, and we anticipate further bullish momentum in the near future. However, price movement is subject to potential reversals in two areas. Both targets are long-term oriented, indicating potential swing moves that may take time to complete. Stop-loss, intraday target, and position decisions should be based on individual analysis and overall market assessment. Strong fundamentals are essential for price to reach the designated target area.

We acknowledge our bias in this analysis, but it does not guarantee the realisation of the described outcome.

Upon trade activation, you can establish two targets. You have the flexibility to select your own take-profit based on your analysis and trade management strategies.

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Trade active
646+ PIPS From our second entry, we expect price to continue rising up. Good luck and have a great weekend.

snapshot

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