Here are the key support, resistance, and target price levels:
## 📊 Key Price Levels
---
### **Support/Entry Zone**
The analysis suggests an optimal **Entry Zone** which acts as a near-term support level.
*Entry Zone:* Around 4,1180 to 4,175
### Resistance/Target Price Levels
The chart highlights two distinct zones of resistance that are also marked as **Take Profit (TP)** targets.
Resistance 1 / TP1: This is the lower resistance zone, currently around 4,200 to 4,250.
Resistance 2 / TP2: This is the higher, ultimate resistance target zone, currently around 4,360 to 4,400.
### **Pattern**
The price action since late October appears to be moving within an **ascending channel** (indicated by the dashed blue lines), which suggests a bullish bias as long as the price remains within or above the channel's lower boundary. The current price action shows a move up from the lower boundary towards the Resistance 1/TP1 zone.
Would you like me to analyze the volume data shown at the bottom of the chart, or find the current price of Gold (XAU/USD)?
## 📊 Key Price Levels
---
### **Support/Entry Zone**
The analysis suggests an optimal **Entry Zone** which acts as a near-term support level.
*Entry Zone:* Around 4,1180 to 4,175
### Resistance/Target Price Levels
The chart highlights two distinct zones of resistance that are also marked as **Take Profit (TP)** targets.
Resistance 1 / TP1: This is the lower resistance zone, currently around 4,200 to 4,250.
Resistance 2 / TP2: This is the higher, ultimate resistance target zone, currently around 4,360 to 4,400.
### **Pattern**
The price action since late October appears to be moving within an **ascending channel** (indicated by the dashed blue lines), which suggests a bullish bias as long as the price remains within or above the channel's lower boundary. The current price action shows a move up from the lower boundary towards the Resistance 1/TP1 zone.
Would you like me to analyze the volume data shown at the bottom of the chart, or find the current price of Gold (XAU/USD)?
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Need assistance? We're here to help! 🤝
t.me/Arthur_782
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t.me/+3nePmmz1xGk1MzZk
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Need assistance? We're here to help! 🤝
t.me/Arthur_782
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t.me/+3nePmmz1xGk1MzZk
t.me/+PqiIQSFLhtEyZGU0
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.
