Gold is moving inside a strong ascending channel since early 2024.
Current price is around $3,758, trading near the upper boundary of the channel.
The zone $3,500 – $3,550 is a key support, previously resistance turned into support.
Holding above $3,500 keeps the bullish scenario valid.
Upside targets are expected at $3,950 – $4,000 in the medium term.
A break below $3,500 cancels this outlook and opens the way to deeper correction around $3,300 – $3,350.
Entry Zone: Buy signals above $3,550
Target: $3,950 – $4,000
Stop Loss: $3,490
This is educational content, not a trading recommendation.
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