Gold

GOLD H4

155
GOLD H4 Timeframe. My analysis shows a candlestick chart for gold (XAUUSD) against the US dollar, a common tool for financial trading. It highlights support and resistance zones, which are key concepts in technical analysis. Key points:

Strong Support Zone: 2935
The price has previously bounced off this level, suggesting buying interest


Support Zone 2: 2880
A more recent support level, indicating a potential area for price to rebound.

Strong Resistance Zone: 2956.20
The price has struggled to break above this level, suggesting selling pressure

Resistance Zone 2: 2946.80
A more recent resistance level, indicating a potential area for price to reverse.


My experience will break the strong resistance zone 2956.20

Gold current price: 2941

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