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XAU/USD Bullish Outlook: Wyckoff Accumulation & Breakout Potent

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XAU/USD (Gold) - 2H Chart Analysis 🏆📈
🔹 Wyckoff Structure Insight

The chart shows signs of a Wyckoff Accumulation phase.
UTAD (Upthrust After Distribution) at the previous highs suggests a liquidity grab.
Test of the resistance level before a strong rejection downward.
SOW (Sign of Weakness) was observed, but buyers regained control.
🔹 Key Technical Levels

Fair Value Range marked below, showing a potential area of demand.
Unfilled Imbalance (EMB unfilled) signals an area where price might revisit before continuing upward.
Gap below indicates a previous liquidity sweep before the bullish reversal.
🔹 Trend & Price Action

Current price action is showing higher lows and bullish structure development.
Projected bullish move 📈 is expected to test the $2,940+ region.
🔹 Trading Bias: Bullish ✅

A retracement to the EMA or minor pullback could offer re-entry opportunities.
Invalidation level: Below $2,900, where momentum could shift bearish.
🚀 Gold remains strong; watch for breakouts above $2,940!

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🎯 GOLD TARGET HIT! 🏁

The bullish projection played out perfectly as XAU/USD surged to the $2,940 level. 📈💰
The Wyckoff accumulation, fair value range, and unfilled imbalance paved the way for this breakout. 🚀

Who's banking profits today? 🤑🔥

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