XAUUSD Eyes $3800 – Next Gold Target
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Following a powerful breakout from a symmetrical triangle, XAUUSD is showing a strong upward trajectory within a steep green channel. This confirms the continuation of the prior bullish trend.Using the measured move principle—projecting the triangle’s height from the breakout point—the primary price target for gold is $3800, suggesting substantial upside potential from current levels.
Immediate support sits near $3500, and a successful retest would strengthen the bullish case. Momentum remains strong, making $3800 the next key level to watch.