XAUUSD M30: Bullish outlook seen, further upside above 1968.50
Prices are hovering above a key support zone at 1968.50 on the M30 timeframe, which coincides with the 38.2% Fibonacci retracement. A throwback could provide the bullish acceleration to the resistance zone at 2006.20, in line with the 38.2% Fibonacci extension. Price is holding above the 20 EMA, supporting our bullish bias.