XAUUSD (Gold) Technical Analysis Overview: Trend: Gold is in an uptrend, currently trading at $2872.39 per ounce, above most moving averages, with the MACD indicating a positive trend. Buy Recommendation: Target $2883.08 with a potential move to $2895.35. Stop loss suggested at $2853.27. Bearish Scenario: A break below $2853.27 could push the price down to $2741.87. Key Levels: Resistance: $2877.12 (1st), $2882.44 (2nd) Support: $2862.41 (2nd), $2867.55 (1st) Pivot Level: $2872.56