XAUUSD Outlook: Technical Correction Amid Weakening Safe-Haven Demand
Gold is currently displaying signs of strong support after a recent decline, potentially setting up for a temporary hold or rebound. However, the broader outlook suggests a bearish correction as geopolitical-driven gains are being erased.
Despite heightened geopolitical tensions, particularly the recent escalations involving Israel and Iran, gold has failed to maintain its safe-haven appeal. The metal has now reversed most of its gains accumulated during the peak of conflict-driven risk aversion.
Resistance zone 3380 / 3400
Support Levels 3350 / 3345
Looking the all requirements and fallow then trade wisely best of Luck Buddies .
If You like this idea if you have on Opinion about this analysis share in comments.
Gold is currently displaying signs of strong support after a recent decline, potentially setting up for a temporary hold or rebound. However, the broader outlook suggests a bearish correction as geopolitical-driven gains are being erased.
Despite heightened geopolitical tensions, particularly the recent escalations involving Israel and Iran, gold has failed to maintain its safe-haven appeal. The metal has now reversed most of its gains accumulated during the peak of conflict-driven risk aversion.
Resistance zone 3380 / 3400
Support Levels 3350 / 3345
Looking the all requirements and fallow then trade wisely best of Luck Buddies .
If You like this idea if you have on Opinion about this analysis share in comments.
交易進行
Price will get support and respect our Chart Now keep fallow to fly side
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✅My Free Signals
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✅Join my Telegram Channel
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✅Join my Telegram Channel
t.me/+Ej9-J05H-g1mOGY0
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