Gold is approaching a critical support area.
Previously, the price was holding above a key support level, but that zone has now been breached and is likely to act as resistance going forward. However, just beneath the current price, there's a well-established support level still intact—reinforced further by the presence of a bullish Fair Value Gap (FVG).
This setup hints at a possible reversal or a short-term surge from this zone. If market conditions align, gold may stage a pump from here. Keep this level on your radar—it could turn into a decisive point for price direction.
🛡 Always conduct your own analysis before taking any trades. DYOR.
Previously, the price was holding above a key support level, but that zone has now been breached and is likely to act as resistance going forward. However, just beneath the current price, there's a well-established support level still intact—reinforced further by the presence of a bullish Fair Value Gap (FVG).
This setup hints at a possible reversal or a short-term surge from this zone. If market conditions align, gold may stage a pump from here. Keep this level on your radar—it could turn into a decisive point for price direction.
🛡 Always conduct your own analysis before taking any trades. DYOR.
join for free market signals and analysis 👇👇👇
t.me/+lNe8i_FBXQE0MGU0
t.me/+lNe8i_FBXQE0MGU0
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
join for free market signals and analysis 👇👇👇
t.me/+lNe8i_FBXQE0MGU0
t.me/+lNe8i_FBXQE0MGU0
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.