Post
Alicrypto442
I'm watching $XAU for a possible LONG after the recent sell-off.
Gold is now trading around $4,115, recovering from the $3,870 support zone. I believe the recent drop could be a final shakeout before another move higher.
My roadmap:
$3,800–$3,900: Major support
TP1: $4,700
TP2: $4,900
TP3: $5,600
Extended target: $6,400
A weekly breakdown below $3,800 would invalidate my bullish outlook.
I'm watching how buyers defend this zone before taking a position.
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