XAU/USD – Two Possible Outcomes Ahead


Bullish Setup:A breakout above the descending channel and reclaiming the 3478–3490 demand zone→ could trigger a rally toward 3532.58.This would validate a classic bull flag breakout after the recent strong move.


Bearish Setup:Failure to break the upper channel or reclaim the demand zone→ may lead to continued downside within the channel, targeting 3410.11–3410.38.In this case, the flag acts as a bearish continuation pattern.


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