📈 Gold Analysis
We are currently seeing price action within a descending channel, testing key support at the M30 OB (Order Block). The price is pushing higher after bouncing off the support level, and the trendlines suggest a potential breakout to the upside.
💡 Key Levels:
Support Zone: 3326
Resistance Zone: 3342
The market is primed for a possible rally, indicated by the upward momentum and price breaking out above the trendline. Watch for confirmation as we approach the liquidity level for further bullish movement.
⚡ Trade Idea: Look for a long entry if price closes above the trendline for a continuation towards the next resistance.
We are currently seeing price action within a descending channel, testing key support at the M30 OB (Order Block). The price is pushing higher after bouncing off the support level, and the trendlines suggest a potential breakout to the upside.
💡 Key Levels:
Support Zone: 3326
Resistance Zone: 3342
The market is primed for a possible rally, indicated by the upward momentum and price breaking out above the trendline. Watch for confirmation as we approach the liquidity level for further bullish movement.
⚡ Trade Idea: Look for a long entry if price closes above the trendline for a continuation towards the next resistance.
Trade active
Gold has break the 3326 support zone along with the descending tredline with good buying momentum so we can enter t there setting out SL ( Stop Loss ) at 3320 below the wick of 30 minute candle and we can hold the the trade for maximam 100 pips the bove POI
📊 Fundamentals & Technical Insights
💹 Gold & GBP Specialists
📈 Weekly Targets: 1000-1500 Pips
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💹 Gold & GBP Specialists
📈 Weekly Targets: 1000-1500 Pips
⚡ Mastering Chart Patterns Together
💰 Account management
📥 Join us @ t.me/+n_4YMWihWGtmZWI0
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.
📊 Fundamentals & Technical Insights
💹 Gold & GBP Specialists
📈 Weekly Targets: 1000-1500 Pips
⚡ Mastering Chart Patterns Together
💰 Account management
📥 Join us @ t.me/+n_4YMWihWGtmZWI0
💹 Gold & GBP Specialists
📈 Weekly Targets: 1000-1500 Pips
⚡ Mastering Chart Patterns Together
💰 Account management
📥 Join us @ t.me/+n_4YMWihWGtmZWI0
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.