XAUUSD has completed a symmetrical triangle pattern following an Elliott Wave ABCDE correction suggesting price compression and potential breakout gold has broken above the triangle resistance indicating bullish momentum wave 3 projection aligns with technical breakout targets near resistance while fundamentals support the move as global inflationary pressures rising geopolitical tensions and central bank gold accumulation continue to fuel demand for safe haven assets the breakout confirms renewed bullish structure and continuation of the larger uptrend with buyers likely to remain in control above 3320 support.
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