XAUUSD (Gold) Technical Outlook

Gold appears bullish today, but key levels will determine the next move:

🔹 Bearish Scenario: If price breaks the Equal Low (EL) at 2812.8, we could see a decline toward 2800 – 2794.
🔹 Bullish Scenario: If Gold fails to break 2812.8, a rebound toward 2830 is likely.

📌 Trading Strategy:
✅ Wait for confirmation signals before entering short positions.
✅ Implement strict risk management to protect capital.
✅ Stay updated with price action & fundamentals to adapt quickly.

Trade wisely & stay disciplined! 📉📈