petersevensekgoobalmanager

petersevensekgoobalmanager

1. Support and Resistance Flip: The level of 3,325, once resistance, has been retested and is now acting as support. 3,360 is the next resistance to break for bullish continuation. 2. Price Consolidation: The price has been trading sideways between 3,325 – 3,360, indicating accumulation. 3. Bullish Bias: If price breaks above 3,360 with strong momentum...

petersevensekgoobalmanager

"Bulish pump candle" (Bullish Pump Candle): A large bullish candle in mid-June indicates strong buyer interest. This may have marked the beginning of an upward move. 2. "Turn to bulish candle" (Turn to Bullish Candle): Recent candle near the right side indicates another bullish shift. Suggests the possibility of continuation toward the target zone. 3....

petersevensekgoobalmanager

Key Observations: ✅ Current Price: Gold is trading at $3,338.970, up $14.753 (+0.44%). 📈 Target Area: A blue line is drawn at $3,382.443, indicating a target resistance area — likely where the trader expects the price to move. 📉 Recent Price Action: The chart shows a series of red and green candles, indicating fluctuations with a recent bullish candle...

petersevensekgoobalmanager

1. Current Price & Performance Current Price: $3,322.690 Change: -19.870 (-0.59%) --- 2. Technical Levels Resistance Level: Around $3,260 Price has tested this level several times since March and has bounced upward, forming a support-turned-resistance. Support Level: Around $3,440 Marked as a target area, implying it's the next level where price might...

petersevensekgoobalmanager

1. Current Price: Gold is currently trading at $3,363.22, up +0.62% on the day. 2. Support & Resistance Zone: A purple horizontal box highlights a support/resistance zone just below the current price level (~$3,350 - $3,363). This area acted as resistance before but could now be flipping into support, suggesting a potential bullish setup. 3. Immediate...

petersevensekgoobalmanager

Gold is currently testing a key resistance zone marked by the Previous Day High (PDH), after a bullish push from a prior support area that aligns with the Previous Day Low (PDL). 🔹 Price is showing signs of rejection at the PDH zone (around 3376), with a potential lower high formation. 🔹 The support + PDL area around 3340 now serves as a critical decision level —...