Price failed to push higher yesterday, and the moving averages didn’t provide the dynamic support we needed. That was followed by a test of the first reaction zone, which gave a decent bounce, but the move quickly faded.
During the Asian session, price rolled back over and dropped toward the support zone, keeping downside pressure in play for now.
For bulls, we need to see a reclaim of 4932 (support turned resistance) to start a recovery toward 5001, and potentially 5092 if momentum follows.
If selling pressure continues, a full test of the support zone becomes more likely.
📌Key levels to watch:
Resistance:
4932
5001
5092
Support:
4843
4720
4600
4491
👉 Let key levels guide your decisions — wait for confirmation and manage risk accordingly.
During the Asian session, price rolled back over and dropped toward the support zone, keeping downside pressure in play for now.
For bulls, we need to see a reclaim of 4932 (support turned resistance) to start a recovery toward 5001, and potentially 5092 if momentum follows.
If selling pressure continues, a full test of the support zone becomes more likely.
📌Key levels to watch:
Resistance:
4932
5001
5092
Support:
4843
4720
4600
4491
👉 Let key levels guide your decisions — wait for confirmation and manage risk accordingly.
Uwaga
Price tested the 4932 resistance, but failed to reclaim it, which was followed by a sharp drop into the support zone — exactly as analysed. It was a clean touch of the level and a bounce reaction from there. 🟡 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
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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
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.
