Or / Dollar Américain
Long
Mis à jour

monday Gold Forming Base Structure With Bullish Projection

145
Price action is forming a base after a downward move, supported by a strong horizontal zone. The presence of a descending trendline adds confluence, making the current area important for direction.

The projected path suggests a short-term pullback into support followed by a continuation higher. This type of structure often leads to gradual expansion if the base remains intact.

If price holds above the lower zone, the upward scenario remains valid. A break below may result in extended consolidation before the next move.

Key Areas:

Base Support: 4658 – 4670
Reaction Zone: 4700 – 4720

Target Levels:

4750
4785
4815 – 4825
Transaction en cours
update

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