XAUUSD continues to trade within a clearly defined bullish channel, showing strong adherence to upward trendlines and key support levels. Recent price action confirms the ongoing strength of bullish momentum, with higher highs and higher lows reinforcing the prevailing trend. Technical indicators, including moving averages and RSI, remain aligned with buyers, while macroeconomic factors such as inflation concerns and global risk sentiment further support the upside narrative. As the precious metal steadily advances, the $3400 level emerges as a key psychological and technical target, suggesting that, barring significant shifts in market dynamics, gold may continue its trajectory towards new highs in the medium term."
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HELLO DEAR TRADER FOREX GOLD BTC SIGNAL FREE MY TELEGRAM CHANNEL; t.me/+--cs5g1N95lmYWZk t.me/+--cs5g1N95lmYWZk
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.