A great purchase opportunity is indicated by our current market analysis, which shows a tested support level at 2735-2730. Given these indicators, the market might hit a new all-time high (ATH). My research suggests that XAUUSD is a good buy, especially as fundamentals imply that the dollar may depreciate, likely strengthening gold’s value. Additionally, we can expect selling pressure around the supply level of 2773-2780,
but I’m also confident that NFP (Non-Farm Payroll) shows a compelling buying opportunity.
A*boost would be greatly appreciated if you found this analysis useful; it’s always encouraging to know my observations are understood!