XAUUSD - ANALYSIS

Hello friends, I want to share my perspective on GOLD with you.
As we can see, gold has formed a price range and has broken above it. Currently, it has pulled back to its previous range. Based on what I observe in the chart, if we see weakness in the downtrend on the 4h timeframe and a 4h candle closes above the midline of the range, we can expect an upward bullish movement for gold.
My first target, if this scenario plays out, is 2735.

Trade safe