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XAU/USD

Gold Targets $3,800 After Breaking Key Barrier


Gold extended its rally past $3,700, supported by central bank demand and favorable rate dynamics. While momentum is strong, MACD signals suggest caution as the next target sits near $3,800.
Key Levels: Support at $3,709 | Resistance at $3,802
Investor Takeaway: RSI at 59 trending higher confirms bullish momentum, but fading MACD pressure warns of near-term pullbacks.