XAUUSD Retracement Signals Potential Temporary Upside

XAUUSD currently finds support at 2161, suggesting a temporary retracement. In terms of trend, XAUUSD remains within a bullish trajectory, with the nearest upside resistance around 2188. Supported by the stochastic indicator in oversold territory, there is potential for XAUUSD to strengthen temporarily

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I believe that the price of gold could reach the level of 2208 and even higher.