Gold Rebounds from 3,352 – Potential Rally Toward 3,390GoldOANDA:XAUUSDMian-FXSignals📊 Market Developments: On August 26, 2025, gold dropped to a low of ~$3,351.44/oz before sharply rebounding to ~$3,386.49/oz in the same session. The rebound was fueled by a weaker USD after President Trump dismissed Fed Governor Lisa Cook, boosting safe-haven demand. At the same time, dovish signals from the Fed reinforced rate cut expectations, further supporting gold. 📉 Technical Analysis: • Key Resistance: ~$3,385–3,390 • Nearest Support: ~$3,350–3,352 • EMA 09: Price is trading above EMA 09, showing bullish momentum remains intact. • Candlestick / Momentum: Strong bullish candle formed from ~$3,352, supported by positive RSI and MACD, confirming active buying pressure. 📌 Outlook: Gold is likely to continue rising in the short term if it stays above 3,350–3,352 and successfully breaks 3,385–3,390, opening the way toward 3,400–3,410. A break below 3,350 could trigger a correction back to 3,330–3,340. 💡 Suggested Trading Strategy: 🔺 BUY XAU/USD at: 3,352–3,355 🎯 TP: 40/80/200 pips ❌ SL: 3,349 🔻 SELL XAU/USD at: 3,387–3,390 🎯 TP: 40/80/200 pips ❌ SL: 3,393