🔱Gold just gave us an interesting shift in structure.
🏆Previously:
After respecting the Dynamic SR during the recent pullback, price broke above it and pushed strongly higher from the lower zone. Now the market is approaching a major resistance zone — and this is where the next expansion could be decided. 👀
📈 Bullish scenario
If Gold breaks and holds above the current resistance zone, we can expect more upside.
The next major zone above could become the next destination, especially if momentum remains strong after the Dynamic SR breakout.
The current recovery is already showing a clear change in momentum, so a confirmed breakout would strengthen the bullish scenario significantly. 🚀
📉 Bearish scenario
If price gets rejected from the current resistance and loses the lower support zone, the bullish momentum could weaken.
A breakdown could send Gold toward the next major zones below, where we would then watch for another reaction.
🎯 Outlook
This setup is all about the Dynamic SR breakout + key zones.
Gold moved from the lower zone, reclaimed the dynamic resistance, and is now pushing toward the next major supply area.
The breakout already happened.
Now we're waiting to see if Gold can turn this momentum into another expansion. 🟢🔥
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🥇“The Z impact” trading team is here to help new traders with technical analytics and fundamentals.
⚜️Mostly trading indicators
📞Support: t.me/theZSupport
💎Our website: TradeZimpact.com
💡Our Channel: t.me/TheZimpact
⚜️Mostly trading indicators
📞Support: t.me/theZSupport
💎Our website: TradeZimpact.com
💡Our Channel: t.me/TheZimpact
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.