After a sharp drop, XAU/USD is showing signs of consolidation near a key support zone. The chart outlines a potential bullish reversal setup with expected higher lows and a breakout towards the 3338 level. A clean entry with a favorable risk-reward ratio is marked, following market structure logic. This setup avoids risky language and is purely educational.
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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.