#Gold #XAUUSD ✨

Gold prices remain steady near $2,775 after a brief dip to the $2,735-$2,730 support zone. Renewed buying interest has reignited bullish momentum during today’s Asian session, targeting the $2,790 all-time high. 🏆 Holding above $2,750 underscores the market's strength. 💪

#Analysis 📊

The breakout above $2,725-$2,730 earlier this week fueled a strong rally. With prices now at $2,775, the upward push is expected to persist. The absence of sharp corrections shows robust demand, with dips likely attracting more buyers.

Outlook 📈

🔺 Upside: With prices above $2,760, the next target is the $2,790 all-time high. Strong buying could take prices beyond this milestone.

🔻 Downside: A pullback toward $2,735-$2,730 is expected to find support. A break below $2,700 could shift sentiment, but bearish momentum requires sustained movement below this level.

Trend 📈

The short-term trend is bullish, with consolidation below $2,760 giving way to renewed gains. Dips to $2,735-$2,730 or $2,700 are opportunities for buyers. The broader trend remains intact unless prices drop decisively below $2,700.

Strategy 💡

Bullish: Look to buy on dips near $2,735-$2,730 or $2,700, targeting the $2,790 high.

Bearish: Avoid shorts unless prices break firmly below $2,700, signaling a sentiment shift.

Key Levels 🔑

Resistance: $2,760, $2775 | $2,790 (All-time high) 🛡️

Support: $2,735-$2,730 | $2,700 ⚡

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#Gold #XAUUSD