Hi trader's. what do you think about gold
Gold is currently showing a bearish pullback after facing strong rejection from the resistance zone. The market structure still looks weak for buyers, and sellers are trying to maintain control below the key resistance levels. If gold continues trading under 4530 and 4551, there is a higher chance that the market may move lower toward the 4490 support area and possibly the 4470 demand zone.
At the moment, price action suggests that the market could first give small retracements before continuing its bearish movement. Traders should wait for proper confirmation and risk management before entering trades, as volatility in gold can remain high during strong market sessions.
🔸 Resistance Zone: 4530
🔸 Second Resistance: 4551
🔸 Support Level: 4490
🔸 Demand Zone: 4470
A clean rejection from resistance may strengthen bearish momentum, while a breakout above resistance could change short-term market direction.
please like comment and follow thank you
Gold is currently showing a bearish pullback after facing strong rejection from the resistance zone. The market structure still looks weak for buyers, and sellers are trying to maintain control below the key resistance levels. If gold continues trading under 4530 and 4551, there is a higher chance that the market may move lower toward the 4490 support area and possibly the 4470 demand zone.
At the moment, price action suggests that the market could first give small retracements before continuing its bearish movement. Traders should wait for proper confirmation and risk management before entering trades, as volatility in gold can remain high during strong market sessions.
🔸 Resistance Zone: 4530
🔸 Second Resistance: 4551
🔸 Support Level: 4490
🔸 Demand Zone: 4470
A clean rejection from resistance may strengthen bearish momentum, while a breakout above resistance could change short-term market direction.
please like comment and follow thank you
İşlem aktif
gold stay support 4500_4490 this support zone if break so we watch demand zoneİşlem kapandı: hedefe ulaştı
gold touch to demand zone 4470 so more update follow me tradingviews
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.