XAU-EUR (Gold-Euro): Expecting Growth, Strong Uptrend with Furth

Current Situation:
The price at 2,830 is showing steady growth, continuing the bullish trend. After breaking the 2,825 level, buyers dominate the market, supported by increasing volume and strong momentum.

Technical Analysis:
• Trend: Bullish
• Key Support: 2,829
• Key Resistance: 2,840
• Volatility: Moderate
• Volume: Increasing on buy-side

Fundamental Factors:
• Expectations of ECB monetary easing support gold’s rise against the euro.
• Global economic uncertainty and geopolitical risks drive demand for safe-haven assets.
• Capital outflows from the euro into gold reinforce the bullish trend.

What Do We Expect?
We expect further growth towards:
• First take-profit: 2,840
• Second take-profit: 2,850
• Third take-profit: 2,860


Conclusion:
Holding above 2,829 confirms the uptrend. A breakout above 2,840 could push the price towards 2,850 and beyond. If the price falls below 2,827, a correction to 2,815 – 2,780