GOLD | Consolidation Range Ahead of Breakout
Gold is currently trading in a consolidation range between 5089 and 5012, with traders watching for the next directional breakout.
Technical Outlook
A 15-minute candle close above 5089 would confirm bullish continuation toward 5140, followed by 5186 and potentially 5243.
A move below 5012 would invalidate the bullish scenario and shift momentum bearish toward 4974 and 4893.
Key Levels
• Pivot: 5089
• Support: 5012 – 4975 – 4893
• Resistance: 5140 – 5186 – 5243
Gold is currently trading in a consolidation range between 5089 and 5012, with traders watching for the next directional breakout.
Technical Outlook
A 15-minute candle close above 5089 would confirm bullish continuation toward 5140, followed by 5186 and potentially 5243.
A move below 5012 would invalidate the bullish scenario and shift momentum bearish toward 4974 and 4893.
Key Levels
• Pivot: 5089
• Support: 5012 – 4975 – 4893
• Resistance: 5140 – 5186 – 5243
Technical & Macro Market Analyst specializing in Gold, U.S. Indices, and Forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Technical & Macro Market Analyst specializing in Gold, U.S. Indices, and Forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.