"Gold Bullish Setup: From Demand Zone to 3280 Target!"🟦 Key Zones
🔵 Demand Zone (Support):
📍 Around 3,210 – 3,200
🟢 Buyers stepped in here previously, forming a base for a potential upmove.
🔴 Resistance Zone:
📍 Around 3,240 – 3,250
🚫 Sellers have rejected price from this level several times.
🎯 Target Point:
📍 3280
🚀 If price breaks resistance, this is the expected move.
❌ Stop Loss:
📍 3,195.52
🛡️ Placed just below the demand zone to minimize downside risk.
📊 Price Action & Indicators
* 🟠 Current Price: 3,225.32
* 📉 EMA (7): 3,223.57 – providing dynamic support
* 🔼 Trend: Short-term uptrend with higher lows
🧠 Trade Idea
* ✅ Entry: Around 3,220–3,225
* ❌ Stop Loss: 3,195.52
* 🎯 Take Profit: 3,280
* 📌 Risk-Reward: Favorable if resistance breaks
📈 Possible Scenarios
🔸 Scenario 1:
✨ Immediate breakout through resistance → target 3,280
🔸 Scenario 2:
🔁 Pullback to demand zone → bounce → then move toward 3,280
