Analysis continues to play out as expected. After the pullback zone failed to provide support, price extended lower into the support zone, where we’ve now seen a strong bullish reaction, suggesting buyers are stepping in within this area.
This bounce puts focus on 4603 as immediate resistance, which now becomes the first level bulls need to reclaim to build momentum. A confirmed break above there would open the door for a move toward 4679 key resistance.
On the downside, we want to see the support zone continue to hold. Failure to maintain support here would shift focus toward the lower boundary of the support zone and potentially the HTF support zone as the next reaction area.
For now, this looks like an early recovery attempt from support, but price remains below both moving averages, which may still act as dynamic resistance on any push higher.
📌Key levels to watch:
Resistance:
4603
4679
Support:
4523
4425
4352
4263
👉Let levels guide. Wait for confirmation.
This bounce puts focus on 4603 as immediate resistance, which now becomes the first level bulls need to reclaim to build momentum. A confirmed break above there would open the door for a move toward 4679 key resistance.
On the downside, we want to see the support zone continue to hold. Failure to maintain support here would shift focus toward the lower boundary of the support zone and potentially the HTF support zone as the next reaction area.
For now, this looks like an early recovery attempt from support, but price remains below both moving averages, which may still act as dynamic resistance on any push higher.
📌Key levels to watch:
Resistance:
4603
4679
Support:
4523
4425
4352
4263
👉Let levels guide. Wait for confirmation.
Zlecenie aktywne
Uwaga
We’ve now seen a confirmed break above 4603, opening the path toward 4679 as the next target. 4603 should now act as support on any pullback, and as long as it holds, upside momentum remains in play.
🟡 Free Telegram: t.me/SheTradesGold1
📊Weekly & Monthly performance reports posted for full transparency.
💎VIP Access: Daily Intraday Custom Levels, live trades & trade management.
👉 t.me/azgoldtrader
📊Weekly & Monthly performance reports posted for full transparency.
💎VIP Access: Daily Intraday Custom Levels, live trades & trade management.
👉 t.me/azgoldtrader
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
🟡 Free Telegram: t.me/SheTradesGold1
📊Weekly & Monthly performance reports posted for full transparency.
💎VIP Access: Daily Intraday Custom Levels, live trades & trade management.
👉 t.me/azgoldtrader
📊Weekly & Monthly performance reports posted for full transparency.
💎VIP Access: Daily Intraday Custom Levels, live trades & trade management.
👉 t.me/azgoldtrader
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.