Gold has pulled back into a rising structure support zone after completing a strong upside move. Price is now retesting the trendline while holding above previous higher lows.
This type of setup is important because strong trends usually offer pullbacks before continuation. As long as price holds above the 4932 invalidation level, the bullish structure remains intact.
The buy zone around 4960–4980 aligns with trendline support and previous reaction area. If buyers defend this level, upside targets toward 5003, 5022 and 5045 come into play, with 5075 acting as the next major resistance.
There is no need to chase.
Either support holds and continuation happens,
or structure breaks and the setup is invalid.
Clear structure. Defined risk. Let price confirm.
⚠️ Disclaimer: This analysis is for educational purposes only. Trading involves risk. Always manage your position size and follow your own risk management rules.
This type of setup is important because strong trends usually offer pullbacks before continuation. As long as price holds above the 4932 invalidation level, the bullish structure remains intact.
The buy zone around 4960–4980 aligns with trendline support and previous reaction area. If buyers defend this level, upside targets toward 5003, 5022 and 5045 come into play, with 5075 acting as the next major resistance.
There is no need to chase.
Either support holds and continuation happens,
or structure breaks and the setup is invalid.
Clear structure. Defined risk. Let price confirm.
⚠️ Disclaimer: This analysis is for educational purposes only. Trading involves risk. Always manage your position size and follow your own risk management rules.
עסקה פעילה
Gold has given successfully move as expected and reached at our targets.
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🎯 77% Historical Accuracy
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wa.me/919560602464
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🎯 77% Historical Accuracy
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פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.