Gold is moving within an ascending trendline, showing strong bullish momentum. Price is approaching a Bearish Order Block near 3,370, which may trigger a short-term pullback ๐.
If price rejects from this zone and retests the trendline (around 3,355), it could offer a high-probability long setup for a continuation move toward 3,380+ ๐๐.
๐ Key Levels:
Resistance: 3,368โ3,370 (Bearish Order Block)
Support: 3,355 (Trendline area)
๐ก Trading Idea:
Look for price action confirmation near the trendline for potential buys. Break above the order block could fuel further upside.
If price rejects from this zone and retests the trendline (around 3,355), it could offer a high-probability long setup for a continuation move toward 3,380+ ๐๐.
๐ Key Levels:
Resistance: 3,368โ3,370 (Bearish Order Block)
Support: 3,355 (Trendline area)
๐ก Trading Idea:
Look for price action confirmation near the trendline for potential buys. Break above the order block could fuel further upside.
XAUUSD QUEEN ๐
6+ Years in the market ๐
Daily signals and analysis ๐ฅ
Join us t.me/ApexBullGold
6+ Years in the market ๐
Daily signals and analysis ๐ฅ
Join us t.me/ApexBullGold
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.
XAUUSD QUEEN ๐
6+ Years in the market ๐
Daily signals and analysis ๐ฅ
Join us t.me/ApexBullGold
6+ Years in the market ๐
Daily signals and analysis ๐ฅ
Join us t.me/ApexBullGold
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.