Analysis

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Gold (XAU/USD) Buy Signal:

Entry Zone: Around $2,882 - $2,885

Stop Loss (SL): Below $2,865

Take Profit (TP): Around $2,934

Trend Analysis: Price is bouncing from a demand zone (highlighted in purple) and is expected to move upwards towards the target.

Risk-Reward Ratio: Favorable, as the TP is significantly higher than the SL.


Confirmation:

Look for bullish candlestick patterns or confirmation before entering the trade.

Ensure volume supports the uptrend.


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Feragatname

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