Gold at Key Decision Zone – Bounce or Break?

149
Price is currently hovering above a strong support zone, showing potential for a short-term bounce. 🔁
If this zone holds, we could see a bullish reaction toward the 4H trendline resistance above. 📈

However, a break below may lead price to drop and tap into the M30 Order Block (OB) for a deeper mitigation before any move up. ⚠️

If this happen we could look for potential sell till the OB test otherwise the buying opportunity should focused more

🎯 Watch these key zones carefully – market is at a decision point!
Both buy and sell setups possible depending on how price reacts at these levels.

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.