XAUUSD (GOLD) INTRADAY ANALYSIS โ€“ BULLISH BIAS

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๐Ÿ”น Market Outlook: Gold (XAUUSD) maintains a bullish structure today, with potential upside targets at $2,921 โ€“ $2,928 if momentum sustains.

๐Ÿ“Œ Technical Analysis:
โœ… Trend: Bullish above $2,900
โœ… Key Resistance Levels: $2,921 โ€“ $2,928
โœ… Key Support Levels: $2,895 โ€“ $2,900
โœ… Indicators:
๐Ÿ”ธ EMA Crossover โ€“ 50 EMA above 200 EMA, confirming bullish trend โœ…
๐Ÿ”ธ RSI (14): Hovering near 65, indicating bullish momentum without overbought conditions ๐Ÿ“Š
๐Ÿ”ธ ATR: Rising, signaling increased volatility โšก
๐Ÿ”ธ Order Blocks & Market Structure Shift (MSS): Buyers accumulating above $2,900

๐Ÿ“Œ Trading Plan:
๐ŸŽฏ Bullish Bias Above $2,900
๐Ÿ“Œ Entry: Look for buy positions near support at $2,900 โ€“ $2,905
๐Ÿ“Œ Targets: $2,921, then $2,928 (extended)
๐Ÿ“Œ Stop-Loss: Below $2,895 to mitigate risk
๐Ÿ“Œ Risk Management: Use 1-2% risk per trade with proper lot sizing

๐Ÿ”” Stay alert for news events that could trigger volatility! ๐Ÿ“ข

Penafian

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