Breakout Confirmation
Search documents
Gold (XAU/USD) Price Forecast: $4,164 Low Respects Long-Term Line – Bull Trend Intact
FX Empire· 2025-12-02 21:39
Bull Trend Remains DominantThe larger uptrend stays fully intact with price well above all key moving averages and Monday’s higher swing high preserving short-term bullish structure. Standard post-breakout consolidation is testing prior resistance as support, exactly as expected in a healthy advance. This suggests a resolution to the upside.Support Levels in PlayImmediate dynamic support sits at the rising 10-day average ($4,146), with greater significance at the 20-day average ($4,111) where it recently me ...