Gold Spot / U.S. Dollar
Long
Updated

XAU/USD Short-Term Buy Opportunity ?

370
XAU/USD has recently formed a bullish pattern, currently trading around 3,380 USD and showing an increase of more than 10 USD for the day.

From a technical analysis perspective, the price is following an upward trendline and showing signs of momentum accumulation. The area around 3,350 USD provides strong support, which could establish a solid base for further upward movement.

Key Levels:
Resistance (Target 1): 3,396 USD
Resistance (Target 2): 3,432 USD


To consider a short-term buy, it’s important to monitor price action around the support levels and wait for confirmation t

Good luck!
Trade active
Note
Done TP1

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