RBFX Support Posted 11 hours ago Author Share Posted 11 hours ago Gold (XAUUSD) retreats into correction; will the decline continue? XAUUSD quotes have entered a correction after hitting an all-time high of 3,500 USD. The US dollar is finding support amid easing trade tensions. Discover more in our analysis for 29 April 2025. XAUUSD technical analysis Gold is undergoing a downward correction within a broader uptrend after rebounding from the record high of 3,500 USD. The quotes are currently trading around the key support level at 3,270 USD. A breakout below this level could lead to the formation of a Triangle pattern and a further decline towards 3,200 USD. XAUUSD prices are undergoing a downward correction amid easing trade tensions. Read more - Gold Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Link to comment Share on other sites More sharing options...
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