#GOLD SHOWING SIGNS OF A STRONG RECOVERY! ARE THE BULLS BACK?
$XAU
резко bounced off the $3,850–$3,900 support zone after a significant correction.
The price is now recovering, and buyers are trying to regain control. The next major resistance is around $4,280–$4,300.
If gold breaks through this resistance and holds above it, we could see a strong rise to $4,500 and possibly $4,700.
Levels for my long position in gold
Entry zone: $4,050–$4,135
TP1: $4,200
TP2: $4,300
TP3: $4,500
Final TP: $4,700
Stop-loss: $3,850
$XAU
резко bounced off the $3,850–$3,900 support zone after a significant correction.
The price is now recovering, and buyers are trying to regain control. The next major resistance is around $4,280–$4,300.
If gold breaks through this resistance and holds above it, we could see a strong rise to $4,500 and possibly $4,700.
Levels for my long position in gold
Entry zone: $4,050–$4,135
TP1: $4,200
TP2: $4,300
TP3: $4,500
Final TP: $4,700
Stop-loss: $3,850
