The XAUUSD price movement suggests that the market has shown resilience around the support level of 2,620. This area has become a decisive swap zone where buyers have regained their dominance. Moreover, the price remains firmly within the range established in the previous week. If the price increases and a bullish candle closes above 2,640, my target will be 2,675.
Chart PatternsTechnical IndicatorsTrend Analysis

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