Gold Price Action Analysis: Bullish or Bearish Move Ahead

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The chart presents a 30-minute analysis of the XAUUSD (Gold Spot / U.S. Dollar) pair,
we are observing a critical point where the price is testing a key support level at 3336. Based on current price action and market structure, there are two possible scenarios to consider for the trade

🔵 Buy Scenario:
The price is moving in a zone 3363 -3227 forming key support levels at either side. Now the price is moving near uppar zone at 3364, we can take buy from current market market price till the retest.

🔴 Sell Scenario:
If the price fails to break the key resistance area and falls than we can enter sell with some confirmation below the FVG and trendline at 3301 📉. The market may continue its bearish trend, targeting the lower support levels around 3275. A confirmed breakdown could lead to a continuation of the downtrend. Ensure your stop loss is placed just above the trendline for added protection 🔒.

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