The current price of **XAU/USD (Gold)** is **$2,885**. This level is near a significant support zone, which could influence future price movements.
https://www.tradingview.com/x/hpyccEw1/
**Key Levels to Watch:**
- **Support:**
- **$2,878**: A deeper pullback could test this level.
- **Resistance:**
- **$2,8950**: If gold rebounds, this is the first level to break.
**Potential Scenarios:**
- **Bullish Case:** If gold holds **$2,885** and rebounds, a move back to the **$2,900–$2,912** range is possible.
- **Bearish Case:** A breakdown below **$2,885** could push gold toward **$2,878** or lower.
**Trading Tip:** Secure profits if selling from higher levels. If buying, wait for confirmation above **$2,885** with tight risk management.
https://www.tradingview.com/x/hpyccEw1/
**Key Levels to Watch:**
- **Support:**
- **$2,878**: A deeper pullback could test this level.
- **Resistance:**
- **$2,8950**: If gold rebounds, this is the first level to break.
**Potential Scenarios:**
- **Bullish Case:** If gold holds **$2,885** and rebounds, a move back to the **$2,900–$2,912** range is possible.
- **Bearish Case:** A breakdown below **$2,885** could push gold toward **$2,878** or lower.
**Trading Tip:** Secure profits if selling from higher levels. If buying, wait for confirmation above **$2,885** with tight risk management.
Trade active
**🔥 GOLD (XAU/USD) BULLISH CASE UPDATE!** 🎯🚀 ✅ **Price rebounded to 2900 and broke resistance!**
✅ **Hit 2915 – Bullish Target Reached!**
✅ **Current Resistance: 2922**
### **Next Steps:**
🔹 **Secure Profits** – Partial Close or Move SL to Secure Gains 📈
🔹 **Hold for Further Breakout?** – If 2922 Breaks, Next Target: **2930+**
🔹 **Risk Management is Key!** – Always use SL & proper lot sizing ⚠️
Trade closed: target reached
close half trades
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.
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.