Gold (XAU/USD) is currently continuing its upward movement, showing strong potential to reach higher resistance areas after breaking out above a minor resistance level. This breakout suggests a likely break & retest scenario, paving the way toward a defined target price zone.
The recent breakout confirms significant buying pressure, signaling bullish momentum. If price successfully retests the breakout area and holds, the movement toward the next target becomes increasingly probable.
Trade Recommendation
BUY Entry: 3388
Take Profit: 3431
Stop Loss: 3362
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