Gold Spot / U.S. Dollar
Short
Updated

Gold Spot (XAU/USD) 30-Minute Price Movement

109
The chart shows the price movement of Gold (XAU/USD) over a 30-minute timeframe. After a significant drop, the price started to recover and moved upwards. The highlighted area marked as the "Monitor Zone" indicates a critical price level where traders are paying close attention to possible reactions. Currently, the price is approaching this zone, suggesting a potential point of resistance or consolidation. Volume levels are increasing, indicating heightened market activity
Trade active
The chart shows a recent upward price movement after a previous decline. The price is approaching a key resistance area labeled as the "Monitor Zone," where increased trading activity is observed. The market sentiment appears cautiously bullish as the price tests this critical level.
Trade closed: target reached
Gold has moved significantly after entering the highlighted area, showing a sharp decline of over 400 points. The marked zone represents a key area of interest where the price action was closely monitored. After exiting this zone, the price continued to move downward, reflecting notable market momentum. Observing the volume and candlestick patterns within this area provides insights into market sentiment during this phase."**

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