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Gold, also known as XAU/USD, is a popular trading choice due to potential for significant price movements. Today’s analysis delves into whether the XAU/USD pair is bullish or bearish, providing a comprehensive technical analysis including support and resistance levels, pivot points and preferred trading strategies. With current economic indicators supporting a rise in gold prices, traders are advised to consider long positions above the pivot level of 2323.00, while also keeping an eye on the potential for a bearish trend. Stay informed, make informed decisions and capitalize on prevailing market trends.