Technical Analysis: Gold is about to approach a strong Support Area Between: $3315 to $3308.
I expect buyers to step in around this zone, providing a solid base for the next upward move.
Once support holds, my bullish target lies in the 3380 – 3400 resistance zone. This area will be crucial for the next directional move — a breakout above could open the way for further upside, while rejection may trigger consolidation.
Key Levels to Watch:
Support: $3315 – $3308
Resistance: $3380 – $3400
Note: This is my personal view, not financial advice. Trade safe and manage your risk!
Dear Fellows, don't forget to comment your feedbacks as your comments, likes and shares will be highly appreciated, to motivate me for posting more technical analysis.
regards: Forex Insights Pro.
I expect buyers to step in around this zone, providing a solid base for the next upward move.
Once support holds, my bullish target lies in the 3380 – 3400 resistance zone. This area will be crucial for the next directional move — a breakout above could open the way for further upside, while rejection may trigger consolidation.
Key Levels to Watch:
Support: $3315 – $3308
Resistance: $3380 – $3400
Note: This is my personal view, not financial advice. Trade safe and manage your risk!
Dear Fellows, don't forget to comment your feedbacks as your comments, likes and shares will be highly appreciated, to motivate me for posting more technical analysis.
regards: Forex Insights Pro.
Trade active
Status Update:Yesterday, I shared my analysis that Gold would move down to the Support Zone before turning bullish.
As expected, Gold respected the Support Area and then moved upward, confirming the analysis perfectly.
This shows the importance of key levels and patience in trading, waiting for the right setup always pays off.
Key Point:
Support zone worked as predicted 🟢
Bullish move followed successfully 📈
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
join our free signal channel t.me/ForexGoldpips81
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.