GOLD NEXT MOVE ( EXPECTING BEARISH MOVE ) (12-03-2025
O Description
Go through the analysis carefully and do trade accordingly
anup BIAS for the day (12-03-2025)
Resistance Levels:
2,928 - 2,932 USD (Major resistance).
2,918 - 2,920 USD (Local resistance).
Support Levels:
2,912 USD (First support zone).
2,896 - 2,892 USD (Key support).
2,882 USD (Major support, potential target).
Trend & Structure:
Gold has been in a short-term uptrend, reaching a resistance zone.
The blue projected path suggests a possible reversal from resistance.
A break below 2,918 USD could confirm a bearish move toward 2,882 USD.
Trade Outlook:
Bearish Scenario:
If rejection happens near 2,928 USD, price could drop to 2,882 USD.
A break below 2,912 USD confirms further downside.
Bullish Invalidation:
A breakout above 2,932 USD would shift bias to bullish.
Conclusion:
Gold is testing key resistance; rejection could lead to a pullback. Watch for confirmation signals before entering trades! 📉🔥
Go through the analysis carefully and do trade accordingly
anup BIAS for the day (12-03-2025)
Resistance Levels:
2,928 - 2,932 USD (Major resistance).
2,918 - 2,920 USD (Local resistance).
Support Levels:
2,912 USD (First support zone).
2,896 - 2,892 USD (Key support).
2,882 USD (Major support, potential target).
Trend & Structure:
Gold has been in a short-term uptrend, reaching a resistance zone.
The blue projected path suggests a possible reversal from resistance.
A break below 2,918 USD could confirm a bearish move toward 2,882 USD.
Trade Outlook:
Bearish Scenario:
If rejection happens near 2,928 USD, price could drop to 2,882 USD.
A break below 2,912 USD confirms further downside.
Bullish Invalidation:
A breakout above 2,932 USD would shift bias to bullish.
Conclusion:
Gold is testing key resistance; rejection could lead to a pullback. Watch for confirmation signals before entering trades! 📉🔥
Trade active
Resistance & Support Zones:
Resistance Levels:
2,928 - 2,932 USD (Major resistance).
2,918 - 2,920 USD (Local resistance).
Support Levels:
2,912 USD (First support zone).
2,896 - 2,892 USD (Key support).
2,882 USD (Major support, potential target).
Trend & Structure:
Gold has been in a short-term uptrend, reaching a resistance zone.
The blue projected path suggests a possible reversal from resistance.
A break below 2,918 USD could confirm a bearish move toward 2,882 USD.
Note
1st TARGET HIT +120 PIPS IN PROFIT
(2920-2908)
Trade closed: target reached
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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/forex_signal_dollarsman
Forex Gold & Crypto signals with detailed analysis & get consistent results..
t.me/forex_signal_dollarsman
Forex Gold & Crypto signals with detailed analysis & get consistent results..
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.