Gold confirmed a break above the key 3330 level on Friday, opening a clear uptrend. The reaction at the 3368 GAP zone further strengthens the current bullish momentum. With the current market structure, the bias is leaning towards buying on corrections around support zones.
🔍 Technical levels to watch:
Support: 3345 – 3331 (potential buying zone)
Resistance: 3387 – 3400 (bullish target)
📌 Trading strategy:
BUY Trigger 1: Price tests and rejects the 3345 support zone
BUY Trigger 2: Buy around 3331 – strong support zone
🎯 Target: 3400
The current trend favors a buying strategy on reasonable price correction conditions. It is necessary to monitor price action around support zones to confirm effective entry points.
🔍 Technical levels to watch:
Support: 3345 – 3331 (potential buying zone)
Resistance: 3387 – 3400 (bullish target)
📌 Trading strategy:
BUY Trigger 1: Price tests and rejects the 3345 support zone
BUY Trigger 2: Buy around 3331 – strong support zone
🎯 Target: 3400
The current trend favors a buying strategy on reasonable price correction conditions. It is necessary to monitor price action around support zones to confirm effective entry points.
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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 TELEGRAM GROUP t.me/+7rqP7ECMjpUxMzBl
MESSAGE US FOR VIP SIGNALS🏆 t.me/Leilani8597
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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.