Xauusd Gold buy analysis

1. Support Level: ~2,905.82
2. Current Price Level: ~2,915.64
3. Target Resistance ("Residents") Level: ~2,939.87
Distance Calculations:
Current Price to Support:
points
Current Price to Resistance:

points
Total Range (Support to Resistance):
points

Trade Implications:
The price is currently above support and showing bullish momentum.
If the price respects support at 2,905.82, there is potential for a 24.23-point upside toward 2,939.87.

A stop-loss below 2,905.82 would minimize downside risk.