This chart is a 1-hour candlestick chart of Gold (CFDs on Gold in USD/OZ), published on April 8, 2025. Here's a breakdown of what it shows:
1. Current Price: Gold is trading at $3,007.996, up +27.200 (+0.91%).
2. Support/Resistance Zones:
Green Zone (~$3,070 - $3,085): Likely a former support turned resistance area.
Red Zone (~$3,140 - $3,165): A higher resistance zone where price reversed earlier.
3. Blue Arrow and Zigzag Pattern:
This is a forecasted move suggesting price might consolidate or pull back slightly, then rise toward the $3,070-$3,085 resistance zone.
4. Market Sentiment: Based on the drawing, the sentiment appears bullish in the short term, expecting a potential move up toward that resistance zone.
Would you like help interpreting potential trade setups or support/resistance levels more deeply?
1. Current Price: Gold is trading at $3,007.996, up +27.200 (+0.91%).
2. Support/Resistance Zones:
Green Zone (~$3,070 - $3,085): Likely a former support turned resistance area.
Red Zone (~$3,140 - $3,165): A higher resistance zone where price reversed earlier.
3. Blue Arrow and Zigzag Pattern:
This is a forecasted move suggesting price might consolidate or pull back slightly, then rise toward the $3,070-$3,085 resistance zone.
4. Market Sentiment: Based on the drawing, the sentiment appears bullish in the short term, expecting a potential move up toward that resistance zone.
Would you like help interpreting potential trade setups or support/resistance levels more deeply?
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.