GOLD technical analysis.

280
The image is a TradingView chart for CFDs on Gold (US$ / OZ) on a 1-hour timeframe. The current price is 3,022.545, reflecting a -2.95% drop.

Key Observations:

1. Support & Resistance Zones:

A green zone (support) around the 3,080 level.

A red zone (resistance) around 3,160.



2. Price Action:

A sharp downward movement.

A potential reversal prediction is illustrated with a blue zigzag arrow, indicating a possible bullish recovery.



3. Technical Indicators:

The chart suggests a bounce from the recent low (marked with a purple lightning icon).

The forecast indicates a gradual move back up to the resistance areas.




Would you like help interpreting this further or analyzing potential trading strategies?

Penafian

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.