"XAU/USD Awaits Direction: Impact of Today's CPI News on Gold Pr
This chart shows a technical analysis for XAU/USD (Gold/US Dollar) within an ascending channel. Key elements include:
1. Trend Channel: The price is moving within an upward-sloping channel, indicating a bullish trend.
2. Support and Resistance:
Support Levels: Around 2,675.63 and 2,664.53, highlighted in blue zones.
Resistance Level: Near 2,719.49 at the channel's upper boundary.
3. Scenario Projections:
Bullish Continuation: Arrows suggest potential upward movement toward 2,719.49 after testing the lower support zone.
Pullback Possibility: A dip to the support zone near 2,664.53 is possible before resuming the upward trend.
4. Economic Events: The dotted vertical lines mark upcoming economic events that might impact price movement.
This analysis implies a buy-on-dip strategy, focusing on the support areas for potential long entries while monitoring the channel for breakout opportunities.
1. Trend Channel: The price is moving within an upward-sloping channel, indicating a bullish trend.
2. Support and Resistance:
Support Levels: Around 2,675.63 and 2,664.53, highlighted in blue zones.
Resistance Level: Near 2,719.49 at the channel's upper boundary.
3. Scenario Projections:
Bullish Continuation: Arrows suggest potential upward movement toward 2,719.49 after testing the lower support zone.
Pullback Possibility: A dip to the support zone near 2,664.53 is possible before resuming the upward trend.
4. Economic Events: The dotted vertical lines mark upcoming economic events that might impact price movement.
This analysis implies a buy-on-dip strategy, focusing on the support areas for potential long entries while monitoring the channel for breakout opportunities.
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✅ Provide Gold And All Pair Signals
✅ Minimum 1000 to 1500 Pips Weekly Target
✅ 97% Accuracy
✅ Account Management Service Available/Profit Share 50/50
t.me/+1KvvfleHL2c3NTlk
✅ ✅ Perfect Signals Provider With 90% Accuracy
✅ Provide Gold And All Pair Signals
✅ Minimum 1000 to 1500 Pips Weekly Target
✅ 97% Accuracy
✅ Account Management Service Available/Profit Share 50/50
t.me/+1KvvfleHL2c3NTlk
✅ Provide Gold And All Pair Signals
✅ Minimum 1000 to 1500 Pips Weekly Target
✅ 97% Accuracy
✅ Account Management Service Available/Profit Share 50/50
t.me/+1KvvfleHL2c3NTlk
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