*XAUUSD (Gold)* at *2,891.600*, currently in an uptrend after breaking above the *breakout area*. The price has recently tested the *retest level* and is now approaching the *target* zone, with potential for further upward movement. If the price holds above the *retest level*, it may continue to rise towards the *target* at *2,940.000*, with the *weak high* acting as the next potential resistance. Keep an eye on price action in this zone for a potential breakout or reversal.
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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.