"GOLD Bouncing from Key Support"

27 apr

1. Previous Trend:

The price was falling heavily from the high zone (near 3,480–3,520).

A strong downtrend line is drawn (brown line from top left).



2. Support and Resistance:

Resistance zone: Around 3,480–3,520 (blue box at the top).

Major Support zone: Around 3,260 (red zone at the bottom).



3. Key Points:

Price bounced from the strong support area (shown by the green arrow).

The chart suggests a bullish reversal may happen.

The black zig-zag line shows expected movement: rise, slight pullback, and further rise.



4. Target Levels:

First target: Near 3,364–3,390 (horizontal dashed line).

After that, if strong momentum continues, price could climb higher toward the bigger resistance zone.



5. Trading Idea:

Buyers are watching the 3,260–3,285 support zone.

A move above 3,364 and holding could trigger more upside toward 3,389 and beyond.

30 apr

Trade chiuso: obiettivo raggiunto

Gold Chart Update
While the chart we previously uploaded is now outdated, the market continues to move in line with our original analysis. This reaffirms the strength of our strategic outlook and the precision of our technical approach.

We value consistency over noise, and once again, price action is validating our projection. A fresh chart update will be shared shortly—stay tuned for the next move.