Gold is currently trading inside a strong support zone and bullish order block, where buyers are showing signs of defending the price. After a sharp bearish move, the market is consolidating near the discount zone, increasing the probability of a bullish reversal.
A successful hold above the support area could push the price toward the descending trendline. If buyers break and close above this trendline, bullish momentum may accelerate toward the Buy Side Liquidity around 4075.
⚠️ Trade with proper risk management and wait for bullish confirmation before entering the market.
🟢 Entry: 4036.50 – 4037.50
🎯 TP1: 4052.00
🎯 TP2: 4065.00
🎯 TP3: 4075.00
🛑 Stop Loss: 4024.90
A successful hold above the support area could push the price toward the descending trendline. If buyers break and close above this trendline, bullish momentum may accelerate toward the Buy Side Liquidity around 4075.
⚠️ Trade with proper risk management and wait for bullish confirmation before entering the market.
🟢 Entry: 4036.50 – 4037.50
🎯 TP1: 4052.00
🎯 TP2: 4065.00
🎯 TP3: 4075.00
🛑 Stop Loss: 4024.90
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For Daily LIVE Trades,
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
