XAU/USD Analysis: Bulls Eye $2,926 and $2,949 Targets

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Technical Analysis for Gold (XAU/USD) - 30-Minute Chart

Gold is showing signs of a potential bullish move after a rebound from a key support zone around $2,860-$2,868. The price has broken above a resistance level and is now approaching a key demand zone near $2,876. A retest of this zone could provide a buying opportunity, targeting the $2,926 level as the first resistance and $2,949 as the second target.

If the price holds above the support zone, further bullish momentum is likely.
However, a break below could indicate weakness and potential downside risk.

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Price didn't come to our zone , now it's going to upside.