π XAUUSD (Gold) Price Forecast π
Gold is currently in a strong uptrend, having broken a significant resistance level and trading above the 200 EMA, confirming bullish momentum. The market is now returning for a retracement near the order block, where a potential buying opportunity could arise.
Once the retracement is complete, and a bullish candle confirms the reversal, Gold is expected to resume its upward trajectory, targeting the channel line and breaking higher.
π― Technical Target Levels:
- 2732
- 2746
π Key Highlights:
- Confirmed uptrend with breakout of a strong resistance level.
- Retracement towards the order block presents a potential entry point.
- Trading above the 200 EMA, indicating strong bullish sentiment.
- Watch for confirmation with a bullish candle to resume the rally.
β
Stay Prepared!
Like, comment, and follow for precise updates and real-time forecasts.
Donβt miss this bullish opportunityβtrade smart and confidently! π
π’ Join the trading community for more profitable insights and consistent growth!