XAUUSD Bullish Momentum from Key Support

Güncellendi
Gold (XAUUSD) has reached a significant support area around 2,583, which aligns with recent price reactions. A potential bullish reversal is expected based on technical indicators and fundamental factors favoring gold as a safe-haven asset. The first target (TP1) is set near 2,640, with the second target at 2,680, corresponding to the resistance zone. The stop-loss (SL) is positioned below the support area to manage risk effectively. This idea supports a buy setup, anticipating a recovery toward the resistance zone.
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close trade at 2635 target Reached
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