Gold finished last week with a strong recovery after finding support within the secondary support zone.
Price is now sitting just below the 4073 immediate support level, which will be the first key area to watch. If buyers can defend this zone and turn it into support, the recovery could extend towards 4132, followed by 4190. A sustained move above these levels would bring 4257 into focus, with 4317 as the key resistance level.
On the downside, if price fails to hold above 4073, we could see another move back into the support zone between 4073 and 3984. As long as buyers continue to defend this area, the bullish recovery remains intact. However, a confirmed break below 3984 would shift attention back to the secondary support zone between 3920 and 3848, where we will be watching closely for fresh buyer interest.
📌Key levels to watch:
Resistance:
4132
4190
4257
4317
Support:
4073
3984
3920
3848
👉Let the levels guide you, wait for confirmation.
Price is now sitting just below the 4073 immediate support level, which will be the first key area to watch. If buyers can defend this zone and turn it into support, the recovery could extend towards 4132, followed by 4190. A sustained move above these levels would bring 4257 into focus, with 4317 as the key resistance level.
On the downside, if price fails to hold above 4073, we could see another move back into the support zone between 4073 and 3984. As long as buyers continue to defend this area, the bullish recovery remains intact. However, a confirmed break below 3984 would shift attention back to the secondary support zone between 3920 and 3848, where we will be watching closely for fresh buyer interest.
📌Key levels to watch:
Resistance:
4132
4190
4257
4317
Support:
4073
3984
3920
3848
👉Let the levels guide you, wait for confirmation.
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📊Weekly & Monthly performance reports posted for full transparency.
💎VIP Access: Daily Intraday Custom Levels, live trades & trade management.
👉 t.me/azgoldtrader
📊Weekly & Monthly performance reports posted for full transparency.
💎VIP Access: Daily Intraday Custom Levels, live trades & trade management.
👉 t.me/azgoldtrader
منشورات ذات صلة
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.
🟡 Free Telegram: t.me/SheTradesGold1
📊Weekly & Monthly performance reports posted for full transparency.
💎VIP Access: Daily Intraday Custom Levels, live trades & trade management.
👉 t.me/azgoldtrader
📊Weekly & Monthly performance reports posted for full transparency.
💎VIP Access: Daily Intraday Custom Levels, live trades & trade management.
👉 t.me/azgoldtrader
منشورات ذات صلة
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.