XAU/USD: A Calculated Long Position Against the Current Bearish Tide, Targeting Key Resistance

Current Market Context and My Rationale

Looking at XAU/USD, we've seen the price trading actively within its day range of 2893.47 to 2925.31, with the current price sitting at 2909.39. The overall trend is flagged as bearish, and indeed, we've experienced a -0.36% change over the last 24 hours, shedding