📈 Gold (XAU/USD) - 15M Analysis
📊 Current Price: $3,013.015
📍 Market Structure: Bullish momentum with retracement zones
✅ Key Levels to Watch:
🔹 Support Zone: $3,002 - $3,005 (Fibonacci 0.618 - 0.786, potential buy zone)
🔹 Resistance Zone: $3,017 - $3,020 (Potential sell zone if price rejects)
📉 Bearish Scenario:
If price rejects current highs, expect a pullback to $3,002 - $3,005
A break below $3,002 could push price towards $2,981 - $2,978
📈 Bullish Scenario:
If price finds support at $3,002 - $3,005, potential rebound towards new highs
A breakout above $3,020 could lead to new bullish momentum
⚡ Trade Idea:
🟢 Buy near $3,002 - $3,005 (confirmation needed)
🔴 Sell near $3,017 - $3,020 if price rejects
📢 Risk Management: Always use stop-loss and trade wisely!
#XAUUSD #GoldTrading #Forex #PriceAction #SupportResistance #SmartMoney #Liquidity #FXFOREVER
📊 Current Price: $3,013.015
📍 Market Structure: Bullish momentum with retracement zones
✅ Key Levels to Watch:
🔹 Support Zone: $3,002 - $3,005 (Fibonacci 0.618 - 0.786, potential buy zone)
🔹 Resistance Zone: $3,017 - $3,020 (Potential sell zone if price rejects)
📉 Bearish Scenario:
If price rejects current highs, expect a pullback to $3,002 - $3,005
A break below $3,002 could push price towards $2,981 - $2,978
📈 Bullish Scenario:
If price finds support at $3,002 - $3,005, potential rebound towards new highs
A breakout above $3,020 could lead to new bullish momentum
⚡ Trade Idea:
🟢 Buy near $3,002 - $3,005 (confirmation needed)
🔴 Sell near $3,017 - $3,020 if price rejects
📢 Risk Management: Always use stop-loss and trade wisely!
#XAUUSD #GoldTrading #Forex #PriceAction #SupportResistance #SmartMoney #Liquidity #FXFOREVER
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
fxforever
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.