Gold is setting up for a key scenario this coming week, and price action around the 3342 and 3330 levels will be crucial for the next directional move.
✅ Bullish Scenario:
If price holds above 3342, it indicates strength In that case, we could see bullish zone
⚠️ Bearish Scenario:
If price breaks below the 3330 zone, downside momentum could increase. In that case, then Bearish zone.
⚡ Key Levels to Watch:
Support Zone: 3330 – 3320
Resistance Zone: 3380 – 3400
Watch for rejection or confirmation candles around these zones to determine the short-term trend.
✅ Bullish Scenario:
If price holds above 3342, it indicates strength In that case, we could see bullish zone
⚠️ Bearish Scenario:
If price breaks below the 3330 zone, downside momentum could increase. In that case, then Bearish zone.
⚡ Key Levels to Watch:
Support Zone: 3330 – 3320
Resistance Zone: 3380 – 3400
Watch for rejection or confirmation candles around these zones to determine the short-term trend.
Trade closed: target reached
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Join My Telegram Channel
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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.