XAUUSD

remains in a consolidation phase between 2600-2660, making daily movements choppy and uncertain. However, traders still find opportunities to buy this safe-haven asset as the market anticipates key U.S. data, including the ISM Services PMI and JOLTS job openings.

The primary focus is on 2649—a crucial level. If the bulls manage to defend this zone, gold may see short-term gains, potentially reaching a local high.

Best regards,
Bentradegold!

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