XAU/USD: Preparing for a Breakout or Correction Before the Cruci
On the XAU/USD chart, gold is entering a decisive phase, hovering around $2,661.845. This is a sensitive trading zone where buyers face a major challenge – breaking the resistance level at $2,668.401 to continue the upward momentum.
The main resistance lies at $2,681.950 – a key threshold, and if surpassed, it could trigger a strong rally, pushing gold towards the $2,700 - $2,710 target range.
The EMA 34 and EMA 89 lines are acting as solid “boosters” for the current bullish trend, but the question remains: will they be strong enough to prevent a deeper pullback amid selling pressure?
The biggest highlight today is the release of the U.S. Non-Farm Employment Change report – a powerful indicator with a significant impact on the gold market and the U.S. dollar.
The main resistance lies at $2,681.950 – a key threshold, and if surpassed, it could trigger a strong rally, pushing gold towards the $2,700 - $2,710 target range.
The EMA 34 and EMA 89 lines are acting as solid “boosters” for the current bullish trend, but the question remains: will they be strong enough to prevent a deeper pullback amid selling pressure?
The biggest highlight today is the release of the U.S. Non-Farm Employment Change report – a powerful indicator with a significant impact on the gold market and the U.S. dollar.
Join me on telegram for free: t.me/+sZ0G2aOMT_s3YjE1
✅ Win rate up to 85%
✅ Provides free trading signals
✅ Fast and accurate information
✅ Win rate up to 85%
✅ Provides free trading signals
✅ Fast and accurate information
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.