Dear Traders,
Gold made an explosive move, breaking through the 3280 zone, which was a demand area, and is now fluctuating above 3300.
Given the visible daily gap on the chart, I expect the gap to be fully filled and the price to reach the 0.78 Fibonacci level.
In that area, we need to closely watch the price behavior and reaction — as it aligns with both the top of the descending channel and the 0.78 Fibonacci level.
if you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
Gold made an explosive move, breaking through the 3280 zone, which was a demand area, and is now fluctuating above 3300.
Given the visible daily gap on the chart, I expect the gap to be fully filled and the price to reach the 0.78 Fibonacci level.
In that area, we need to closely watch the price behavior and reaction — as it aligns with both the top of the descending channel and the 0.78 Fibonacci level.
if you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
💰MY FREE FOREX CRYPTO SIGNALS TELEGRAM CHANNEL: : t.me/Alirezaktrade
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.
💰MY FREE FOREX CRYPTO SIGNALS TELEGRAM CHANNEL: : t.me/Alirezaktrade
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.