Gold Spot / USD on the 45-minute timeframe. The chart highlights a potential buy entry zone with a bullish setup.
Key Levels:
• Current Price: 2,939.030
• Entry Zone: Around 2,940.086
• Target (Take Profit): 2,954.042 - 2,958.811
• Support Levels: 2,936.132 and 2,929.968
• Resistance Levels: 2,954.042 and 2,958.811
The chart suggests a possible upward move, where the price may bounce from the entry zone and reach the target levels. However, proper risk management is essential before taking the trade.
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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.