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XAUUSD Potential Upside

Analysis on XAUUSD – XAUUSD demonstrates a bullish bias, breaking through the resistance area supporting the uptrend of XAUUSD.

Today’s Trading Strategy:

Opportunity to BUY XAUUSD if it breaks above the 2004.39 – 2011.11 area, with potential upside towards the 2020.68 – 2027.23 region.

Alternately:

If the resistance area of 2004.39 – 2011.11 fails to break, pressuring XAUUSD downwards towards the 1988.20 – 1985.34 area.

Resistance Levels

• R1: 2011.11
• R2: 2027.23
• R3: 2034.76

Support Levels

• S1: 1985.34
• S2: 1963.98
• S3: 1954.00

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