XAUUSD Potential Upside, Seeking Buying Opportunities

XAUUSD Analysis – The weakening of the US dollar is affecting XAUUSD, indicating potential further upward movement in price today.

Today’s Trading Strategy:

• BUY in the Range of 2020.26 – 2011.30
• Target: 2031.35 – 2049.28
• Alternative:
• SELL STOP @2011.30
• Target: 2002.33 – 1989.57

Resistance Levels

• R1 2011.30
• R2 2002.33
• R3 1989.57

Support Levels

• S1 2020.26
• S2 2011.30
• S3 2031.35
• S4 2049.28

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