A key signal for XAUUSD growth is testing RSI support and rebounding from the lower edge of the bullish channel. If the price breaks above $2865, growth may accelerate toward $2905.
Key Levels (5.2.2025):
- Support: $2825
- Resistance: $2865
If the price falls below $2795, this signals a break in the support zone, potentially driving a decline toward $2745. However, staying above $2825 keeps the bullish outlook intact.
Traders should watch for movements near $2865 for confirmation of upward momentum, as breaking this resistance may trigger further gains.