Gold is currently trading between the 4144 Resistance Zone and 4124–4125 Support Zone.
BUY SCENARIO 🟢
If price gives a clear breakout above 4144 and completes a proper retest, bullish continuation can be expected.
Buy Confirmation: Break & Retest above 4144
Target: 4170–4172
Invalidation / SL Area: Below 4130–4132
SELL SCENARIO 🔴
If price breaks below the 4124–4125 support zone and gives a confirmed retest, selling pressure may continue.
Sell Confirmation: Break & Retest below 4124
Target: 4091–4093
Invalidation / SL Area: Above 4130–4132
⚠️ Do not enter inside the range. Wait for breakout + retest confirmation.
Key Levels:
Resistance: 4144 | 4170–4172
Support: 4124–4125 | 4091–4093
Educational purpose only. Trading carries risk. Trade wisely.
BUY SCENARIO 🟢
If price gives a clear breakout above 4144 and completes a proper retest, bullish continuation can be expected.
Buy Confirmation: Break & Retest above 4144
Target: 4170–4172
Invalidation / SL Area: Below 4130–4132
SELL SCENARIO 🔴
If price breaks below the 4124–4125 support zone and gives a confirmed retest, selling pressure may continue.
Sell Confirmation: Break & Retest below 4124
Target: 4091–4093
Invalidation / SL Area: Above 4130–4132
⚠️ Do not enter inside the range. Wait for breakout + retest confirmation.
Key Levels:
Resistance: 4144 | 4170–4172
Support: 4124–4125 | 4091–4093
Educational purpose only. Trading carries risk. Trade wisely.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.