XAUUSDXAU/USD Market Analysis & Signal Update
The 4-hour timeframe for Gold (XAU/USD) highlights a bullish continuation pattern as price action remains above the trendline support, with significant resistance around the $2,719.64 zone.
Signal Details:
Entry Point: Consider a buy near $2,692.00 - $2,695.00.
Take Profit (TP): Open, with an eye on key resistance levels such as $2,719.64.
Stop Loss (SL): Set at $2,664.23 to minimize risk.
Market Note: Monitor the trendline closely as a break above $2,700.00 could trigger further bullish momentum. Manage trades carefully and align with market conditions.