Analysis ---------- Support Zone: The ascending yellow trendline acts as a support area. Price has bounced from this line multiple times, as indicated by the marked “$$$” levels. If this trendline holds, it could indicate a short-term price recovery. Resistance Zone: The grey shaded area around $92,500 - $92,800 is the resistance zone. Price has been rejected...
There is a strong bullish order block along with FVG at 1987.0 level in Gold. If price falls to that level..It can be reversed from the zone (It will be like a sell side liquidity sweep)
Wait for the breakout. The nifty 50 still looking bullish from my analysis...If it breaks the above trendline on above all emas..A new high can be expected.