#XAUUSD) remains in a bullish trend, but a temporary drop below $2,947 is expected before resuming upward momentum. A buy entry at this level presents a good opportunity, with a take profit target at $2,965 and a stop loss at $2,938 to manage risk.
However, if the price falls below $2,932, strong bearish pressure could take over, potentially leading to a deeper decline below 2910.