The pair is trading ...from Mr.Yang

The pair is trading within a steady daily uptrend. After rebounding from the 198.65 support level (May 11), the price recovered above 201.50 and is forming a consolidation with a trigger at 202.13; a breakout above this level will strengthen buying pressure Resistance levels: 203.034 Support levels: 202.13 An attempt to break through the consolidation resistance at 202.13 is forming. The price is correcting for a possible retest of key support before rising. The global trend is expecting 202.13

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XAUUSD Drivers: - Bearish — Failed negotiations, escalation, hawkish Fed rhetoric, a stronger dollar, rising oil prices - Bullish — Official ceasefire confirmation, de-escalation, dovish Fed signals, declining oil prices Resistance levels: 4540, 4580, 4600 Support levels: 4488, 4465, 4450 Technically, gold has returned back into the trading range. A retest of the 4540 liquidity zone could trigger a corrective move toward support (a manipulative move)

Mr.Yang

#GOLD After breaking below 4510, gold has updated its intraday low to 4450; however, there remains an area of resistance above, which the market may test as part of a correction Focus on 4510–4525. A short squeeze could shift the balance of power toward the bears, which in turn could trigger a further decline to 4450–4400 …………………………………………. 📈 Gold Trading Strategy ✅ Performance & feedback ——————————————— 💬 Contact Telegram: @MR_YangFX

Mr.Yang

#GOLD Following a long squeeze of the liquidity zone, the price has entered a realization phase. The rally amounted to nearly 2.5% Result: +1,140 pips ⚡️ …………………………………………. 📈 Gold trading strategy #XAU/USD##ForexTradingStrategies#

Mr.Yang