Gold Spot / U.S. Dollar
Long
Updated

Gold Market Update – Tuesday Capitalist Insight

122
Gold market tapped into the 3380's supply zone, triggering a retracement toward the 3350's demand zone. This mitigation aims to set the tone for the next hedge formation, which will likely determine the next directional momentum.
🟡 Key Levels:

Supply: 3390's
Demand: 3350's
Next Bias Confirmation: Reaction from 3350 zone
🔁 Watch for:
A strong bounce from 3350's could confirm continuation of the bullish trajectory, while failure to hold may reopen bearish correction zones. Follow for more insights , comment and boost idea
Trade active
snapshot
Trade closed: target reached
snapshot

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.