Gold (XAU/USD) Technical Analysis Summary: Uptrend: Gold is currently in an uptrend, trading at $2906.27, above key moving averages. The MACD indicator shows a positive trend. Buy Opportunity: Consider buying near $2906.27 with targets at $2914.13 and $2929.81. A stop loss is recommended at $2892.00. Bearish Scenario: If the price breaks the $2892.00 support, it may fall toward $2880.93. Support & Resistance Levels: Resistance: 2916.12 (second), 2911.45 (first) Pivot: 2906.55 Support: 2901.44 (first), 2886.70 (second)