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XAU/USD Bullish Momentum: Key Levels and Outlook
Hello Everyone,
Currently, the 1M/1W/1D levels may serve as either support or resistance. If they act as resistance, a potential move to test the 1Y PP is plausible, albeit not highly probable. Nevertheless, the overall trend remains bullish, and to sustain this momentum, we anticipate the price to consolidate above the 1M PP.
TradeWithTheTrend3344
Currently, the 1M/1W/1D levels may serve as either support or resistance. If they act as resistance, a potential move to test the 1Y PP is plausible, albeit not highly probable. Nevertheless, the overall trend remains bullish, and to sustain this momentum, we anticipate the price to consolidate above the 1M PP.
TradeWithTheTrend3344
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