Gold (XAU/USD) is currently showing signs of a bullish continuation after undergoing a recent price correction. The potential for further upside is supported by a confirmed bullish candlestick formation along with the presence of a double bottom pattern, which signals a likely upward reversal.
As long as the price stays above the support zone, the buying opportunity remains favorable.
Recommendation:
- Buy XAU/USD
- Entry: 3384
- Take Profit 1: 3392
- Take Profit 2: 3400
- Stop Loss: 3377
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