Gold Technical Analysis for today: XAUUSD Outlook
🔍 Current Market Context
Gold (XAUUSD) is exhibiting strong bullish momentum, supported by sustained buying interest and favorable macro sentiment. The market is preparing for next week’s trading sessions with critical levels in focus.
📊 Key Technical Levels
- Support Zones:
- 4,420 – short-term support, holding recent gains.
- 4,398 – deeper support, pivotal for maintaining bullish structure.
- Resistance Zones:
- 4,467 – immediate resistance; a breakout here signals continuation.
- 4,501 – major resistance; clearing this level would confirm strong upside momentum.
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