DeGRAM | GOLD fixed in the ascending channel

📊 Technical Analysis
● XAU/USD is trading within an ascending channel, bouncing from the 3,717 support and reclaiming 3,736, signaling strong buying interest.
● A breakout from the short-term corrective channel targets 3,786, aligning with the channel’s upper boundary and confirming bullish continuation.

💡 Fundamental Analysis
● Gold is supported by softer U.S. yields and safe-haven demand as uncertainty around global growth and Fed policy tempers dollar strength.

✨ Summary
XAU/USD builds bullish momentum above 3,717 support. Key target: 3,786 resistance, with 3,736 as interim support. Short-term outlook favors further upside.

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