"Gold Price Forecast – Will Buyers Defend the Support Zone?"
Gold (XAU/USD) Technical Analysis – 30-Min Chart
- Price Range Identified: Gold is currently consolidating within a well-defined range, with resistance around $3,048 and support near $3,026.
- Double Rejection at Resistance: The price attempted to break the resistance zone but failed, forming a bearish rejection pattern.
- Support Holding Strong: The support area has been tested multiple times and is acting as a demand zone.
- Potential Scenarios:
- A break above $3,048 could signal further bullish momentum.
- A break below $3,026 might trigger bearish continuation toward $3,010.
Traders should watch for price action confirmation at key levels before taking positions.
If you enjoy, press the like button.
- Price Range Identified: Gold is currently consolidating within a well-defined range, with resistance around $3,048 and support near $3,026.
- Double Rejection at Resistance: The price attempted to break the resistance zone but failed, forming a bearish rejection pattern.
- Support Holding Strong: The support area has been tested multiple times and is acting as a demand zone.
- Potential Scenarios:
- A break above $3,048 could signal further bullish momentum.
- A break below $3,026 might trigger bearish continuation toward $3,010.
Traders should watch for price action confirmation at key levels before taking positions.
If you enjoy, press the like button.
Dagangan aktif
buy trade activated from 3025, targets ahead.Nota
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.