Gold (XAUUSD) is showing strong bullish momentum and is gearing up to make a new all-time high (ATH). The price action is forming higher highs and higher lows, indicating a clear uptrend. Key resistance levels are being tested, and with the current market conditions, we might see a breakout soon.
Traders should keep an eye on the $2790 level as a potential breakout point. If gold sustains above this level, it could lead to a significant rally. However, watch for retracements and manage your risk wisely.
Stay tuned for updates and detailed analysis as we monitor this exciting move! 🚀