This is a trading chart from TradingView for CFDs on Gold (US$/OZ) on the 1-hour timeframe. The chart shows price action around $3,130.618, with an upward trend leading into a consolidation zone.
Key Features:
1. Resistance Zone (~$3,140):
A red rectangular zone marking resistance.
Price has tested this level and pulled back.
2. Support Zone (~$3,100):
A red rectangular area below, indicating support.
Price has previously bounced from this level.
3. Projected Movement (Blue Arrow):
The blue arrow suggests a potential rejection from resistance leading to a drop.
A zigzag pattern at resistance suggests consolidation before a downward move.
4. Indicators & Patterns:
A moving average (possibly 9 or 21 EMA) is present.
The price appears to be following a typical resistance-rejection pattern.
Possible Interpretation:
If price fails to break above the resistance, it might fall toward the $3,100 support.
A confirmed break below $3,100 could indicate further downside momentum.
Conversely, a break above $3,140 would invalidate this bearish scenario.
Would you like a deeper analysis or any trade strategy suggestions?
Key Features:
1. Resistance Zone (~$3,140):
A red rectangular zone marking resistance.
Price has tested this level and pulled back.
2. Support Zone (~$3,100):
A red rectangular area below, indicating support.
Price has previously bounced from this level.
3. Projected Movement (Blue Arrow):
The blue arrow suggests a potential rejection from resistance leading to a drop.
A zigzag pattern at resistance suggests consolidation before a downward move.
4. Indicators & Patterns:
A moving average (possibly 9 or 21 EMA) is present.
The price appears to be following a typical resistance-rejection pattern.
Possible Interpretation:
If price fails to break above the resistance, it might fall toward the $3,100 support.
A confirmed break below $3,100 could indicate further downside momentum.
Conversely, a break above $3,140 would invalidate this bearish scenario.
Would you like a deeper analysis or any trade strategy suggestions?
Dagangan ditutup: sasaran tercapai
GOLD Target successfully Reached. 
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.
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.