Summary:
Gold Price Analysis (XAU/USD): GOLD rebounded strongly from the 3,120 support zone, breaking above the KEY LEVEL of 3,180. Momentum suggests a potential bullish reversal, with price now targeting the unfilled price gap at 3,300–3,315.
Today’s Chart Overview 📊
| Key Level | 3.180 |
| Trend Momentum | BULLISH |
| Timeframe | H1 |
Live Chart
Trading Strategy for XAU/USD💡
Bullish Scenario 🟩
Retest of 3,180 as support (confirmed with bullish RSI > 50). If price holds above 3,180, bullish momentum likely accelerates.
Bearish Scenario 🟥
A close below 3,180 invalidates the reversal setup.
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Disclaimer : This analysis is educational. Past performance ≠ future results. Conduct your own research.
