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Gold is showing a strong recovery after bouncing from the $3,880 support zone.
Price has reclaimed the 5-day and 10-day moving averages and is now testing the 20-day MA near $4,040.
The key level to watch is $4,080.
A clean breakout could open the door toward $4,150–$4,200.
If rejected, $3,980–$3,945 remains an important support zone.
Bullish momentum is building, but confirmation is still needed. 👀