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XAUUSD-Analysis
Analysis
XAUUSD
Multi-Timeframe
XAUUSD is holding above its major moving averages on the daily chart, which suggests upside potential remains intact in the near term.
XAUUSD is holding above its major moving averages on the daily chart, which suggests upside potential remains intact in the near term. However, momentum indicators like the RSI are flattening or turning down and price is consolidating beneath key resistance—so a pullback or range-bound phase is quite likely before further gains.