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XAUUSD Gold (XAUUSD) is approaching the 3686 supply zone, which is a key decision point.Here’s the scenario breakdown:
Bullish If
Break & Close Above 3686 with strong momentum could open the path to the weak high at 3707.
If 3707 breaks as well, watch for potential continuation toward previous highs / untested supply zones...
Bearish If
Rejection from 3686 may lead to a retracement back to the 3668 demand zone for a retest.
A break below 3668 could invite deeper pullback toward 3651–3647 support.
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GOLD The short-term outlook for gold is positive. The price is showing a strong bounce from a key support level, indicating solid buying interest. This suggests a likely continuation of the uptrend
GOLD will explode to 3800 tomorrow!
XAUUSD Gold could very much retest the trendline at 3500. I would take extra precaution buying this next week.
XAUUSD What do you think gold will do next week?
XAUUSD a gap down is inevitable when market open
XAUUSD Bullish bias
XAUUSD Market Overview
The bullish momentum remains intact, but the reaction at 3688 will be critical. A rejection from this zone could trigger a retracement back to the 3629 demand zone, while a breakout above 3688 may fuel an extended rally toward the 3800 psychological resistance.