Gold continues to show strong bullish momentum, supported by key technical levels and favorable market structure. Price action remains constructive above the major support zone, indicating potential for further upside.
I'm closely monitoring the following levels for a high-probability long setup:
Demand Zone / Support Level: [3430 - 3420]
Entry key level: 3426 - 3420
As long as gold holds above this support, the bias remains bullish with potential for a continuation toward higher resistance levels. A break and sustained move above the entry zone would confirm bullish strength and could trigger the next leg up.
Risk management remains key waiting for clear confirmation before entering is advised.
#GOLD, #FOREX , # VeloraFXReal
I'm closely monitoring the following levels for a high-probability long setup:
Demand Zone / Support Level: [3430 - 3420]
Entry key level: 3426 - 3420
As long as gold holds above this support, the bias remains bullish with potential for a continuation toward higher resistance levels. A break and sustained move above the entry zone would confirm bullish strength and could trigger the next leg up.
Risk management remains key waiting for clear confirmation before entering is advised.
#GOLD, #FOREX , # VeloraFXReal
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Related publications
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.