It looks like gold has broken its ascending channel, signaling a potential correction or consolidation. Based on My technical analysis targets, the key support levels to watch are:
$3,000 – Psychological level, could act as support/resistance.
$2,982 – Minor support within the current price action.
$2,955 – Potential bounce zone if selling pressure increases.
$2,924 – Deeper retracement, aligning with past structure.
$2,883 – Stronger support, where buyers may step in.
A break below these levels could indicate further downside, while a bounce from any of these could lead to a recovery. Do you see any confluence with moving averages or Fibonacci levels in your analysis?
$3,000 – Psychological level, could act as support/resistance.
$2,982 – Minor support within the current price action.
$2,955 – Potential bounce zone if selling pressure increases.
$2,924 – Deeper retracement, aligning with past structure.
$2,883 – Stronger support, where buyers may step in.
A break below these levels could indicate further downside, while a bounce from any of these could lead to a recovery. Do you see any confluence with moving averages or Fibonacci levels in your analysis?
Trade active
Gold trade active from 3030 keep hold in sell positionNote
gold touch 3002 profit runing 280 pips keep hold in sell posotionNote
keep hold in sell position
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
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Gold Signal's with proper TP & SL for high profit opportunities..
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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.
📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
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.