Gold Full Target Hit — Can Bulls Break the Next Resistance?
After $XAU broke above the key $4,370–$4,390 trading zone, the path toward higher targets became increasingly clear.
As expected, gold continued its bullish move and successfully reached the Full Target at $4,417.
The focus now shifts to the nearby Resistance Zone.
If buyers maintain the current momentum and gold successfully breaks through this area, the rally could extend toward higher levels.
A rejection, however, could trigger another short-term correction before the next move develops.
Another gold analysis will follow with the next key levels and scenarios.
I hope you were able to benefit from the previous setup and secure some profits.
Do you think gold will break the Resistance Zone on its next attempt?
#GOLD
After $XAU broke above the key $4,370–$4,390 trading zone, the path toward higher targets became increasingly clear.
As expected, gold continued its bullish move and successfully reached the Full Target at $4,417.
The focus now shifts to the nearby Resistance Zone.
If buyers maintain the current momentum and gold successfully breaks through this area, the rally could extend toward higher levels.
A rejection, however, could trigger another short-term correction before the next move develops.
Another gold analysis will follow with the next key levels and scenarios.
I hope you were able to benefit from the previous setup and secure some profits.
Do you think gold will break the Resistance Zone on its next attempt?
#GOLD
