Gold faced a sharp rejection at 3,312.340, leading to a significant 1.57% drop, finding support at 3,302.594. The price action shows increased selling pressure, as indicated by the volume spike at the peak.
Now, the key level to watch is 3,302.594 – a critical support zone that could determine the next move. A confirmed breakdown below this level may open doors for further bearish momentum. Conversely, holding this support could trigger a potential recovery.
Stay vigilant and follow for more timely updates and actionable insights.
Now, the key level to watch is 3,302.594 – a critical support zone that could determine the next move. A confirmed breakdown below this level may open doors for further bearish momentum. Conversely, holding this support could trigger a potential recovery.
Stay vigilant and follow for more timely updates and actionable insights.
Expert Forex & Gold Market Signals | Reliable Technical Setups Backed by Proven Analysis | Consistent, Risk-Managed Strategies | Daily Market Outlooks for Informed Decisions | Follow for Quality Over Noise
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Expert Forex & Gold Market Signals | Reliable Technical Setups Backed by Proven Analysis | Consistent, Risk-Managed Strategies | Daily Market Outlooks for Informed Decisions | Follow for Quality Over Noise
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.