Gold (XAU/USD) touches fresh highs, retreats to $2,780 (+0.25% intraday)
Key drivers:
- Geopolitical tensions
- US presidential election uncertainty
- Traders await US macro releases for Fed's interest rate clues

*Technical Overview*

*M15 Chart*

- Price holds above trend line and liquidity zone ($2,779)
- Breakdown expected to retest $2,775-$2,770

*H4 Chart*

- Continuous increase leads to low liquidity
- Correction expected to $2,770-$2,756
- Requires sharp H4 candlestick drop with close below support

*Trading Signals*

*Buy Zone*

- $2,656-$2,653
- Stop-loss (SL): $2,649
- Take-profit (TP): $2,659-$2,669

*Note*

- Refer to the attached chart for better market visibility.
Chart PatternsTechnical IndicatorsTrend Analysis

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𝐎𝐧𝐥𝐲 𝐨𝐧𝐞 𝐍𝐚𝐦𝐞 @XKing05

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