XAUUSD: Cautiously Bullish Setup

XAUUSD: Cautiously Bullish Setup

Dec 11, 2024

For XAUUSD, I’m slightly optimistic despite the continued limited price action. Short-term configurations are bullish, with a trading zone (buy zone) defined between 2675.54 and 2656.96.

If the price breaks below the invalidation level (2613.195), my outlook is incorrect.

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