Gold Spot / U.S. Dollar
Short
Updated

GOLD NEXT MOVE ( EXPECTING BEARISH MOVE ) (12-03-2025

177
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! 📉🔥
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
snapshot
(2920-2908)
Trade closed: target reached

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