Title: Technical Analysis on Gold XAU/USD
Subtitle: Gold breaks key support, advances through Fibonacci levels, toward ambitious target.
Presentation :
Gold (XAU/USD) technical analysis on the monthly chart reveals a break of the crucial support at $1,389, followed by a move through the key 0.38 to 0.81 Fibonacci levels. This momentum has allowed the classic Fibonacci extensions at 1.272, 1.414 and 1.618 to be reached. The next technical milestone set at $2,414 becomes the
Gap
Gold (XAU/USD) showed bullish momentum by breaking above the key support at $1,389 and following a precise technical structure based on Fibonacci retracements and extensions. The market reached the Fibonacci expansion levels at 1.272, 1.414, and 1.618, confirming a target reached. The next technical leg is targeting $2,414.
Hashtague
HAUUSD