#GOLD
👉New forecast
$XAUUSD is climbing inside an upward channel, bouncing steadily from support and pushing through recent resistance with bullish momentum. The structure shows higher highs and higher lows, confirming the trend continuation bias. A clean hold above 3,505 keeps the path open for another push higher. Momentum favors retesting the resistance zone, where a breakout could unlock more upside potential.
💡 Risks
- Stronger-than-expected NFP data today could fuel USD strength and pressure gold lower.
- Failure to hold the 3,505 support may shift momentum to the downside.
- Geopolitical or macro shifts driving risk-on sentiment could reduce safe-haven demand for gold.
———————————————
👉 Leave a comment 🙂
➖➖➖➖➖➖➖➖➖➖
🚀 TOP Broker
🌐 Site - Lingrid.org
📩 Contact @Lingrid ✅
No reviews yet.