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Gold (XAU/USD) at a Critical Level – Key Zones to Watch

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Currently, there is mixed bias in the market. On the higher timeframe (D1), the candle is rejecting with strong momentum, indicating selling pressure. However, there is also a possibility that it is forming a bottom wick, which could lead to a rejection from key levels like 2930.

Key Observations:

If 2930 acts as support, we may see a bounce, leading to a potential upside move.
If 4H sustains below 2930, it could indicate further downside continuation.
Trade Setup: 30m
🔹 Buy above 2045 if price shows bullish confirmation.
🔹 Sell below 2030 if price sustains under this level.

📊 Waiting for price action confirmation before entering a trade.
Trade chiuso: obiettivo raggiunto

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