XAUUSD has approached a key support area at 2320, where a bullish reversal is anticipated. Technical indicators and chart patterns suggest that the market is poised to reverse and move upwards. The target area is set at 2360-2378 and 2388, with a stop loss at 2300 to manage risk effectively. This setup presents a promising opportunity for traders to capitalize on the expected rise.
Stay tuned for further updates and detailed analysis!