Technical Analysis (Gold - 30m Chart)
Price is currently testing the resistance area around $2,870-$2,878, where previous rejections occurred. A potential bearish rejection from this zone could lead to a continuation downward toward the target area at $2,839.
A break and close above resistance could invalidate the short setup, signaling possible bullish momentum. Keep an eye on price action around this key level.
If you enjoy, press the like button.
Price is currently testing the resistance area around $2,870-$2,878, where previous rejections occurred. A potential bearish rejection from this zone could lead to a continuation downward toward the target area at $2,839.
A break and close above resistance could invalidate the short setup, signaling possible bullish momentum. Keep an eye on price action around this key level.
If you enjoy, press the like button.
Trade active
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guys, now gold start falling towards target.Trade closed: stop reached
Stop loss hit .
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🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
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Related publications
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.