XAUUSD H1: Bullish outlook seen, further upside above 1985
Price is currently range-bound and hovering above a key support zone at 1955 on the H1 timeframe. A throwback to this support zone, coupled with a break above upside confirmation at 1963.5 could provide the bullish acceleration to the resistance zone at 1985. Prices are showing bullish divergence, with RSI forming higher lows while prices continue trending lower, which could signal a potential reversal, supporting the bullish bias
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