XAU/USD Trading Analysis (12/08/2025)
The trend is up. Gold is trading within the range of the 365- and 135-EMA. The bearish wave structure has been truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator indicates an oversold condition.
Trade idea:
- Buy at the beginning of the ascending wave formation when wave A breaks the sloping channel of the descending truncated structure.
- Stop-loss below the local minimum of the descending structure at 3341.00.
- Price targets are 3379.00 and 3400.00.
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