XAUUSD-Long-Term Investment Strategy (1D Chart Analysis)06/03/2025

✅ Bullish Bias (Long Position Recommended)

• Entry Zone: $2,900 – $2,910

• Target Price (TP): $2,950 – $3,000

• Stop Loss (SL): Below $2,850

Key Analysis:

• The overall trend remains bullish, with the price consistently forming higher highs (HH) and higher lows (HL).

• A recent pullback from $2,960 to $2,880 was followed by a strong rebound, indicating institutional buying interest in this range.

• The demand zone at $2,850 – $2,880 suggests a significant accumulation area, making it a strong support level.

• Breaker Block Formation: The price has broken above $2,900 – $2,910 and is consolidating, confirming a strong bullish structure.

Risk Considerations:

❌ If the price breaks below $2,850, the uptrend might weaken, requiring a reassessment of the market structure.

📈 Overall, the long-term outlook remains bullish, with a high probability of reaching $3,000 in the coming months.