FX.co ★ XAU/USD, GOLD

Currently, the XAU/USD currency pair is experiencing an uptrend, confirmed by the trend indicator shown on the chart attached to the message. A good entry point for a long position can be found in the favorable price range of 3335.00-3330.00, which also acts as additional support. I prefer to limit losses using a stop-loss, which can be set approximately at the level of 3330.00. If the price falls below this level, a trend reversal will occur, making this forecast no longer valid.