XAUUSD (Gold) Technical Outlook:
Gold is currently testing the 3340 support level, which has shown strength in previous sessions. We anticipate a strong bullish bounce from this area, especially if this level holds A 1H candle close above 3360 would likely confirm a bullish trend continuation, potentially leading to further upside momentum.
However, if price action breaks below 3340, we may see a short-term decline towards the next support zone around 3330, where buyers could re-enter and drive the price back up, continuing the overall bullish structure.
Key Levels:
Support: 3340 / 3330
Resistance: 3391, 3425
Do you have any idea about Gold movement how the price will play in coming week. like and comments and support my work for motivating to share more analysis with you.
Gold is currently testing the 3340 support level, which has shown strength in previous sessions. We anticipate a strong bullish bounce from this area, especially if this level holds A 1H candle close above 3360 would likely confirm a bullish trend continuation, potentially leading to further upside momentum.
However, if price action breaks below 3340, we may see a short-term decline towards the next support zone around 3330, where buyers could re-enter and drive the price back up, continuing the overall bullish structure.
Key Levels:
Support: 3340 / 3330
Resistance: 3391, 3425
Do you have any idea about Gold movement how the price will play in coming week. like and comments and support my work for motivating to share more analysis with you.
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based on the Chart Condition Price will Hit The Support you can put entry for Long-term
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