Gold (XAU/USD) Bullish Breakout minimum till $3,000
Gold has recently crossed its all-time high once again, fueled by global uncertainties and a potential trade war pushing prices higher.
Entry: Near $2,935 after a successful breakout and retest.
Stop-Loss: Below the support zone at approximately $2,910.
Take-Profit: Targeting the psychological level of $3,000.
Risk-Reward Ratio: 1:1 minimum with an estimated 80% probability of success.
Fundamental Factors: Ongoing geopolitical tensions, including Ukraine-Russia peace talks, which remain uncertain, and trade war concerns, both favoring gold's upside momentum.
Entry: Near $2,935 after a successful breakout and retest.
Stop-Loss: Below the support zone at approximately $2,910.
Take-Profit: Targeting the psychological level of $3,000.
Risk-Reward Ratio: 1:1 minimum with an estimated 80% probability of success.
Fundamental Factors: Ongoing geopolitical tensions, including Ukraine-Russia peace talks, which remain uncertain, and trade war concerns, both favoring gold's upside momentum.
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