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XAU/USD: Technical and News Signals Align for a Bullish Move

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💬 "When technicals and news align, traders can't ignore it."
Gold (XAU/USD) is at a critical juncture where both technical analysis and macroeconomic news are showing clear bullish signals. If you're waiting for a breakout, this might be the moment!

📊 Key Technical Analysis:

Gold bounced from a strong support zone at 3,339 – 3,329 (Fibo 0.618 & 0.5), confirming buying pressure.
EMA 34 crosses above EMA 89, signaling a potential trend reversal.
Breakout from the downtrend line opens up a target of 3,428 (Fibo extension 1.618).
Nearest resistance: 3,395 – if broken, a strong rally is likely.

🌐 Macroeconomic News Supporting the Bullish Trend:

The Fed may cut rates earlier than expected – USD weakens, benefiting gold.
Geopolitical tensions and financial instability in Europe increase demand for safe-haven assets.
US inflation cooling – market anticipates looser monetary policy.

Personal View:
If price breaks 3,395 with strong volume → long position, targeting 3,4xx.
Be cautious around resistance zones – short-term profit-taking could occur.

What do you think?
👉 Leave a comment, share your perspective or strategy – let’s ride the market wave together!
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