Gold (XAUUSD) appears to be forming a bullish recovery after rebounding from a key support zone and reclaiming strength above the Ichimoku cloud. Price is showing signs of accumulation, and a successful hold above the cloud could trigger a continuation move toward the highlighted resistance area.
🎯 Target: 4,500 – 4,520 resistance zone
📈 Bullish Confirmation: Sustained trading above 4,470 and a breakout of recent swing highs.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.