Gold Spot / U.S. Dollar
Updated

XAUUSD

6 376
Hello Traders! 👋

What are your thoughts on GOLD?

Gold remains trapped in a tight consolidation range between key support and resistance zones.
In the short term, the ongoing decline is expected to extend toward the support area, where a bullish reaction may occur.
As long as price stays within this range, the optimal strategy is to buy near support and sell near resistance.
A clear breakout above resistance or below support is needed to confirm the next directional move
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