## US-Vietnam Trade Agreement Promotes Gold Rebound, Non-Farm Payroll Data Becomes Market Focus
**Gold technicals show bullish signals, buying on dips remains the mainstream strategy**
From a technical perspective, the breakout above the 200-hour simple moving average this week marks an important bullish initiation point for XAU/USD. The oscillator on the daily chart is regaining upward momentum, indicating minimal resistance for gold prices to move higher. This suggests traders can focus on support levels around $3,330-3,329 (200-hour SMA) when positioning on dips. A confirmed break below thi
View Original**Gold technicals show bullish signals, buying on dips remains the mainstream strategy**
From a technical perspective, the breakout above the 200-hour simple moving average this week marks an important bullish initiation point for XAU/USD. The oscillator on the daily chart is regaining upward momentum, indicating minimal resistance for gold prices to move higher. This suggests traders can focus on support levels around $3,330-3,329 (200-hour SMA) when positioning on dips. A confirmed break below thi