Gold Bull Run Continues: My Swing Long Setup for XAU/USD

Fundamental Tailwinds Propelling Gold Higher

Alright KoraFX community, Andrew White here, looking at XAU/USD, and the bullish trend remains firmly in place. We're currently trading around 2929.83, showing a healthy 0.34% gain in the last 24 hours, adding another 9.83 points to its impressive run. My fundamental analysis points to continued strength for gold. Global geopolitical uncertainties are not abating, and we continue to see persistent inflation concerns that make real assets like gold extremely attractive. Central bank demand for physical gold remains robust, underpinning this metal's role as a premier safe-haven asset. These macro factors are providing powerful tailwinds, suggesting significant upside potential from current levels.

Technical Alignment & My Swing Trade Entry

From a technical perspective, the picture aligns perfectly with my bullish outlook. Gold has demonstrated strong resilience, consistently holding above key support. The immediate support at 2915.0