Gold remains in a bullish zone after breaking its local trendline resistance. The price has tested the 3300 / 3295 support zone twice, and each time buyers stepped in, signalling strong demand in that region.
🔍 Technical Overview:
Key Support Zone: 3295 – 3300
Resistance Levels: 3328, followed by 3365
If price closes above 3300 on the H1/H4 candle, it could confirm the continuation of the upward momentum targeting 3328 and then 3365.
However, a failure to hold above 3300 or a rejection from this zone could signal a potential bearish pullback, possibly revisiting support levels near 3290/ 3275
If you like his idea if you have on Opinion about Gild share in comments.
🔍 Technical Overview:
Key Support Zone: 3295 – 3300
Resistance Levels: 3328, followed by 3365
If price closes above 3300 on the H1/H4 candle, it could confirm the continuation of the upward momentum targeting 3328 and then 3365.
However, a failure to hold above 3300 or a rejection from this zone could signal a potential bearish pullback, possibly revisiting support levels near 3290/ 3275
If you like his idea if you have on Opinion about Gild share in comments.
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✅My Free Signals
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✅Join my Telegram Channel
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t.me/addlist/UkeZgBhHMpowODA0
✅Join my Telegram Channel
t.me/Trade_With_Kb1
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.