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  3. XAU/USD | Get Ready for Another Bullrun, $3500 is Coming!

XAU/USD | Get Ready for Another Bullrun, $3500 is Coming!

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  • tradelikeproT Offline
    tradelikeproT Offline
    tradelikepro
    wrote on last edited by
    #1

    2caf7644-c35a-4a3a-bcb3-34e36f927103-image.png
    By analyzing the gold chart on the 4-hour timeframe, we can see that on Friday, the price finally closed at $3350. After the market opened today, we saw an initial correction down to $3339 (exactly as expected), followed by another strong bullish wave, pushing gold above $3400 just moments ago. If the price stabilizes below $3398 within the next 4 hours, I expect a potential rejection toward $3388 and $3377. However, if gold holds above $3400, the next target will be $3409. Key demand zones are $3365–$3375, and levels $3355, $3344, and $3336.

    Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !

    1 Reply Last reply
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    • J Offline
      J Offline
      Jibon_RX
      wrote on last edited by
      #2

      Your analysis is spot on and very detailed! I love how you break down the demand zones and possible rejection levels it really helps me understand the market better. Keep sharing, this is super helpful

      1 Reply Last reply
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      • D Offline
        D Offline
        Dave
        wrote on last edited by
        #3

        Wow, you nailed the $3339 correction call! The clarity of your explanation around the $3400 key level is impressive. Thanks for sharing your insights, I’ll definitely keep an eye on these targets.

        1 Reply Last reply
        0
        • S Offline
          S Offline
          Smith
          wrote on last edited by
          #4

          This kind of analysis is gold literally The way you map out both bullish and bearish scenarios gives a complete picture. Appreciate the effort you put in, looking forward to more updates from you!

          1 Reply Last reply
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