XAU/USD is "climbing" with solid support at $2558.976, guarded by two "bodyguards," the EMA 34 and EMA 89. The key "door" of resistance lies at $2636.329 – if it can't break through, the price may retreat to gather momentum. However, if it surpasses this level, the journey toward $2669.937 looks promising.
Gold remains sensitive to the "winds" of inflation, interest rates, and USD fluctuations. The strategy is to wait for a breakout to buy or be ready to act if the price pulls back!
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