Gold is likely correcting to the support (A) 2633 – 2627. Once this zone is tested, consider long trades with the first target near 2656 and the second one at the September 26 high of 2685.
If the price reaches above the September 26 high today, the next bullish target will be the Target Zone 3, 2734 – 2724. If the asset breaches the support (A), the correction will continue to the support (B) 2606 – 2598, the short-term uptrend’s boundary. Thus, consider long trades near this zone.
XAUUSD trading ideas for today:
Buy at support (A) 2633 – 2627.
TakeProfit: 2656, 2685.
StopLoss: 2616.
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