Analysis:
Gold (XAU/USD) is currently trading around 4145, approaching a significant resistance zone between 4100 and 4120, marked as the first target region. This level previously acted as strong resistance, and price may experience a temporary pullback before resuming upward momentum.
The strong psychological support zone near 3890–3920 served as a solid foundation for the recent bullish reversal, confirmed by double-bottom formations and consistent higher highs.
If gold maintains momentum above 4120, the next upside target lies around 4210, aligning with previous structural highs and a major supply zone. However, rejection from the current resistance could trigger a short-term retracement toward 4100 before another push upward.
Summary:
Immediate Resistance: 4100–4120
Next Target: 4210
Key Support: 3890–3920
Bias: Bullish above 4100, potential retracement before continuation
Gold (XAU/USD) is currently trading around 4145, approaching a significant resistance zone between 4100 and 4120, marked as the first target region. This level previously acted as strong resistance, and price may experience a temporary pullback before resuming upward momentum.
The strong psychological support zone near 3890–3920 served as a solid foundation for the recent bullish reversal, confirmed by double-bottom formations and consistent higher highs.
If gold maintains momentum above 4120, the next upside target lies around 4210, aligning with previous structural highs and a major supply zone. However, rejection from the current resistance could trigger a short-term retracement toward 4100 before another push upward.
Summary:
Immediate Resistance: 4100–4120
Next Target: 4210
Key Support: 3890–3920
Bias: Bullish above 4100, potential retracement before continuation
تم فتح الصفقة
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
