Now Gold is trading at 2026 expected to grow up to touch the supply zones. Two supply zones recently the located at 2040 and 2049 respectively. Both supply zones as so followed by fail value gap. As gold is railing down and retracement is expected up to 2040. First sell opertunity is at 2040. In case of deep retracement gold will fall from second supply zone which is at 2049.

In other case if Gold first falls dwon and sweep the downside liquidity than it will again move up to triger the lowest supply zone located at 2040.

Hope you all will enjoy the selling opertunity and comment me if agree or disagree with me.
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer