🔹 Market Outlook: Gold (XAUUSD) maintains a bullish structure today, with potential upside targets at $2,921 – $2,928 if momentum sustains.
📌 Technical Analysis:
✅ Trend: Bullish above $2,900
✅ Key Resistance Levels: $2,921 – $2,928
✅ Key Support Levels: $2,895 – $2,900
✅ Indicators:
🔸 EMA Crossover – 50 EMA above 200 EMA, confirming bullish trend ✅
🔸 RSI (14): Hovering near 65, indicating bullish momentum without overbought conditions 📊
🔸 ATR: Rising, signaling increased volatility ⚡
🔸 Order Blocks & Market Structure Shift (MSS): Buyers accumulating above $2,900
📌 Trading Plan:
🎯 Bullish Bias Above $2,900
📌 Entry: Look for buy positions near support at $2,900 – $2,905
📌 Targets: $2,921, then $2,928 (extended)
📌 Stop-Loss: Below $2,895 to mitigate risk
📌 Risk Management: Use 1-2% risk per trade with proper lot sizing
🔔 Stay alert for news events that could trigger volatility! 📢
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