Current Structure
Price is consolidating after breaking out from the range near 3310–3330, now forming a bullish pennant/flag.
Demand zone: Around 3335–3340
Supply zone: Clear resistance above at 3375–3385, where price previously got rejected .
Buy Entry Plan
Entry: Above 3353–3355, break of flag trendline with volume
SL: Below 3340 (under last higher low)
TP1: 3375
TP2: 3385–3390 (test supply zone)
Bearish Breakdow
Entry: Below 3340, especially if retested and rejected
SL: Above 3355
TP1: 3320
TP2: 3305 (mid-range zone)
Price is consolidating after breaking out from the range near 3310–3330, now forming a bullish pennant/flag.
Demand zone: Around 3335–3340
Supply zone: Clear resistance above at 3375–3385, where price previously got rejected .
Buy Entry Plan
Entry: Above 3353–3355, break of flag trendline with volume
SL: Below 3340 (under last higher low)
TP1: 3375
TP2: 3385–3390 (test supply zone)
Bearish Breakdow
Entry: Below 3340, especially if retested and rejected
SL: Above 3355
TP1: 3320
TP2: 3305 (mid-range zone)
Trade active
Sell trade activated and running 200 pipsTrade closed: target reached
Gold full target done 350 PIps 
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.