Gold Spot / USD on the 45-minute timeframe. Gold Spot / USD on the 45-minute timeframe. The chart highlights a potential buy entry zone with a bullish setup.
Key Levels:
โข Current Price: 2,939.030
โข Entry Zone: Around 2,940.086
โข Target (Take Profit): 2,954.042 - 2,958.811
โข Support Levels: 2,936.132 and 2,929.968
โข 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.