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Check the BUY Opportunity for XAUUSD: Continuing to Rise Above the Up Trendline

 


XAUUSD Analysis

Gold Strengthens Again
Gold prices have risen once more, driven by the correction in U.S. bond yields, while the market is still awaiting economic data that could provide clues about the Fed’s next interest rate cut.

Moving Above the Up Trendline

Gold continues its uptrend, moving above the up trendline. The intraday bias remains bullish today, and buy opportunities can be sought if there’s a correction back to this trendline area.

Prediction: STRONG XAUUSD

Trade Plan:

  • BUY AREA: 2654.89 - 2647.39
  • Stop Loss (SL): 2636.92
  • Take Profit (TP1): 2664.10
  • Take Profit (TP2): 2677.92
  • Take Profit (TP3): 2690.96
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