Key observations:
Supply Zone: The upper orange region near $3,360–$3,380 represents a strong supply zone where sellers have consistently stepped in.
Resistance Levels: Price has faced repeated rejections below the $3,320–$3,340 zone, aligning with downward trendlines.
Demand Zone: The blue area between $3,260–$3,285 marks a clear demand region, with previous bounces showing buyer interest.
Trendlines: Red descending trendlines indicate a bearish structure still intact. The green ascending trendline suggests slight bullish pressure building from the lows.
Market Sentiment:
Despite the outdated chart setup, the market is moving as anticipated. The price is respecting key levels and patterns drawn earlier, confirming our directional bias. A breakout below the lower support or above the upper resistance would signal the next major move.
Supply Zone: The upper orange region near $3,360–$3,380 represents a strong supply zone where sellers have consistently stepped in.
Resistance Levels: Price has faced repeated rejections below the $3,320–$3,340 zone, aligning with downward trendlines.
Demand Zone: The blue area between $3,260–$3,285 marks a clear demand region, with previous bounces showing buyer interest.
Trendlines: Red descending trendlines indicate a bearish structure still intact. The green ascending trendline suggests slight bullish pressure building from the lows.
Market Sentiment:
Despite the outdated chart setup, the market is moving as anticipated. The price is respecting key levels and patterns drawn earlier, confirming our directional bias. A breakout below the lower support or above the upper resistance would signal the next major move.
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✅ XAUUSD Gold
✅ BTC & other coins
✅ EURUSD
✅ USDJPY
✅ GBPUSD
✅ ETH USD
Telegram channel 👇👇
t.me/+DLcFADZUck9jYmVk
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.
World Best Signals Channel here 🤝
✅ XAUUSD Gold
✅ BTC & other coins
✅ EURUSD
✅ USDJPY
✅ GBPUSD
✅ ETH USD
Telegram channel 👇👇
t.me/+DLcFADZUck9jYmVk
✅ XAUUSD Gold
✅ BTC & other coins
✅ EURUSD
✅ USDJPY
✅ GBPUSD
✅ ETH USD
Telegram channel 👇👇
t.me/+DLcFADZUck9jYmVk
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.