Gold began the week with a ranging movement near Friday’s high, showing indecision around a key resistance area.
If price manages to break above the range with a strong bullish candle close, we could quickly see a move toward the first and second red resistance boxes.
However, if price fails to hold this level, a pullback toward the green support zones is likely. From there, traders should look for lower-timeframe confirmations (M3 or M5) to enter long positions.
📌 Key Levels
🟢 Supports:
3,185_3,191
3,152_3,161
3,100_3,135
🔴 Resistance:
3,273_3,285
3,332_3,350
⚠️ Do not enter without confirmation – protect your capital.
🔍 Insight by ProfitaminFX
Agree or disagree? Share your view or drop your chart below. Let's grow together 📈
If price manages to break above the range with a strong bullish candle close, we could quickly see a move toward the first and second red resistance boxes.
However, if price fails to hold this level, a pullback toward the green support zones is likely. From there, traders should look for lower-timeframe confirmations (M3 or M5) to enter long positions.
📌 Key Levels
🟢 Supports:
3,185_3,191
3,152_3,161
3,100_3,135
🔴 Resistance:
3,273_3,285
3,332_3,350
⚠️ Do not enter without confirmation – protect your capital.
🔍 Insight by ProfitaminFX
Agree or disagree? Share your view or drop your chart below. Let's grow together 📈
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.