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XAUUSD

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If gold breaks 2946, the next target will be 2963-2977. However, there is also a possibility of a fake breakout, just like it did previously. When the market reached 2946 before, it made a fake breakout and then climbed to 2949. Now, it’s possible that it could do the same again before pulling back.

At the moment, the market is trading within the 2933-2946 zone, which is a very sensitive and tricky area.

The safest trade entry would be if it properly breaks 2949-2952, as that would confirm a strong bullish setup. Remember, this is just a trade idea—it could be right or wrong. Trade cautiously!
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