XAUUSD Reversal: Look for BUY Opportunities After Resistance Breaks! ~ 90% Rebate Exness Everyday

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XAUUSD Reversal: Look for BUY Opportunities After Resistance Breaks!

XAUUSD Analysis

Market Awaits U.S. Inflation Data

Gold prices remain stable as the market awaits today’s U.S. inflation data. The release will serve as a key factor in assessing the Federal Reserve’s interest rate decision next week.

Intraday Bias: Bullish

Gold is showing a bullish bias after a significant resistance level was broken, turning it into a new support zone (resistance becomes support). Traders are advised to monitor entry areas closely and wait for confirmation of a buy signal should prices break above the support area.

Prediction: Strong Bullish for XAUUSD

Trade Plan

Buy Zone: 2671.28 – 2682.42
Stop Loss (SL): 2654.21
Take Profit (TP) Targets:
- TP1: 2698.88
- TP2: 2720.69
- TP3: 2744.86

Always implement proper risk management and confirm signals before entering trades.

Good luck and happy trading!