"Gold Holding Trendline – Bullish Move Expected"
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Gold (XAUUSD) is respecting an upward trendline on the 1-hour timeframe. Price has recently pulled back to retest the trendline and is showing potential for a bullish bounce. The chart highlights a possible long (buy) setup with entry near the trendline, a stop-loss below 4200, and a target around 4230. The blue arrow indicates expected upward movement if the trendline holds. -
Trendline support holding strong—buyers still in control.
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A clean bounce could trigger the next leg up for gold.
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