XAUUSD Gold Analysis: Bounce from Support or Breakout Below?

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๐Ÿ”น Support & Resistance Zones:
โ–ซ๏ธ Support Area: ๐Ÿ“‰ Around 3,022.26 โ€” buyers might step in here!
โ–ซ๏ธ Target Zone: ๐ŸŽฏ Near 3,070 โ€” potential resistance or profit-taking spot!

๐Ÿ”น Entry & Stop Loss:
๐Ÿ“ Entry Idea: Near the support area for a bounce!
โŒ Stop Loss: Below 3,022.26 โ€” minimizing risk if price dips!

๐Ÿ”น Price Action & Projection:
๐Ÿ”น Plan: ๐Ÿ“ˆ Buy from support, aiming for the target zone!
๐Ÿ”„ Retracement: Small dip before pushing up โ€” cautious entry!

๐Ÿ”ฅ Quick Take:
โœ… If price respects the support, it could pop to the target!
โ— If it breaks below, stop loss saves the day!

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