Gold is approaching a critical 3035-3032 liquidity zone, where we anticipate a potential rejection and strong bearish movement. This area serves as a key resistance, and the market is likely to tap into this zone before a downward move toward 3000 .
Trade Rationale
🔹Key Resistance Zone 3035-3032 is a significant supply area where selling pressure is expected.
🔹Liquidity Grab Price may test this zone before a sharp decline.
🔹Break of Previous Low A move below this level could trigger further bearish momentum.
🔹Targeting 3000
GOLD If the structure holds, gold has the potential to drop further.
🔹High-Risk to Reward Ratio A well-calculated entry here offers an optimal trade setup.
📉Trade with proper risk management! Stay tuned for further confirmations and execution updates.
📲 Follow for expert insights & real-time market updates! #GoldAnalysis #ForexTrading #SellSetup #MarketInsights
Trade Rationale
🔹Key Resistance Zone 3035-3032 is a significant supply area where selling pressure is expected.
🔹Liquidity Grab Price may test this zone before a sharp decline.
🔹Break of Previous Low A move below this level could trigger further bearish momentum.
🔹Targeting 3000
GOLD If the structure holds, gold has the potential to drop further. 🔹High-Risk to Reward Ratio A well-calculated entry here offers an optimal trade setup.
📉Trade with proper risk management! Stay tuned for further confirmations and execution updates.
📲 Follow for expert insights & real-time market updates! #GoldAnalysis #ForexTrading #SellSetup #MarketInsights
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.
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.