Gold on the Verge – Breakout to 2,705 or Drop Back to 2,673?
Alright, folks, Gold (XAU/USD) is flirting with a breakout. If the bulls push it past 2,705, we could see some real upside momentum. But if it runs out of steam, we might dip back toward the 2,673-2,667 support zone for a reset.
Key Levels:
Resistance: 2,705 – A breakout here could spark a rally higher.
Support: 2,673 – Bulls need to hold this line to avoid more downside.
Fallback Zone: 2,667 – If this level cracks, we’re likely heading lower.
Right now, we’re at a pivotal moment. Will buyers keep the momentum alive, or are we headed for a quick pullback? Keep a close eye on the next move—there’s opportunity on both sides.
What do you think—are we breaking higher or taking a breather? Drop your thoughts, follow, and share if this helped you get prepped for the next move.
Mindbloome trader
Trade what you see
Key Levels:
Resistance: 2,705 – A breakout here could spark a rally higher.
Support: 2,673 – Bulls need to hold this line to avoid more downside.
Fallback Zone: 2,667 – If this level cracks, we’re likely heading lower.
Right now, we’re at a pivotal moment. Will buyers keep the momentum alive, or are we headed for a quick pullback? Keep a close eye on the next move—there’s opportunity on both sides.
What do you think—are we breaking higher or taking a breather? Drop your thoughts, follow, and share if this helped you get prepped for the next move.
Mindbloome trader
Trade what you see
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