GOLD – Market Overview
Gold is currently consolidating within the 3402 – 3384 range, awaiting a breakout for the next directional move.
Technical Outlook
Bullish Scenario:
A 1H close above 3402 would likely extend the bullish trend toward 3418 and 3436, with further potential toward 3447.
Bearish Scenario:
A 1H close below 3383 could trigger a move down to 3365, and possibly 3348.
🔹 Pivot Line: 3408
🔹 Resistance: 3418 – 3436 – 3447
🔹 Support: 3383 – 3365 – 3348
Gold is currently consolidating within the 3402 – 3384 range, awaiting a breakout for the next directional move.
Technical Outlook
Bullish Scenario:
A 1H close above 3402 would likely extend the bullish trend toward 3418 and 3436, with further potential toward 3447.
Bearish Scenario:
A 1H close below 3383 could trigger a move down to 3365, and possibly 3348.
🔹 Pivot Line: 3408
🔹 Resistance: 3418 – 3436 – 3447
🔹 Support: 3383 – 3365 – 3348
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.