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#XAUUSD #FX #GOLD
The strong rebound below confirms that demand remains active near the 5140 support area. Prices stabilized above this support zone and consolidated above the trendline after the breakout.
This movement suggests that bearish momentum is weakening, and the market is re-entering a bullish continuation phase.
As long as prices remain above the buying zone and key support levels, my primary forecast remains bullish. Continued gains could lead to a retest of the 5250 resistance area.