XAUUSD is holding firmly above its ascending trendline, with each pullback quickly absorbed around the support zone near 3,333. The current price structure suggests a continued move higher, as long as the trendline remains intact.
On the news front, U.S. PPI data came in at 0.2% — exactly in line with expectations — offering no major surprises. With the dollar failing to gain strength, gold remains supported. In this context, XAUUSD is likely to continue its climb toward the next resistance zone near 3,447, which has previously triggered strong price reactions.
On the news front, U.S. PPI data came in at 0.2% — exactly in line with expectations — offering no major surprises. With the dollar failing to gain strength, gold remains supported. In this context, XAUUSD is likely to continue its climb toward the next resistance zone near 3,447, which has previously triggered strong price reactions.
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Top trading opportunities are waiting for you! : t.me/+TaRRH29IRysyNGJl
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🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
Related publications
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.