Gold (XAU/USD) is at a make-or-break point, holding key support while testing resistance. A breakout could send prices soaring—are you ready?
📌 Current Price: $2,913.80
📊 Market Bias: Still bullish, but key zones must hold for continuation.
🔥 Key Levels You NEED to Watch:
🔵 Major Resistance: $2,920 → A clean breakout could push price to $2,945 - $2,960.
🟢 Critical Support: $2,834 → If this level breaks, expect a drop to $2,800 - $2,760.
📈 Trendline Support: Gold is respecting an ascending trendline, keeping the bullish structure intact.
🎯 Trade Setups:
✅ Bullish Scenario: If Gold breaks $2,920, we could see a rapid move toward $2,945+.
❌ Bearish Scenario: If price loses $2,834, sellers may take control, driving price lower.
📌 Why This Matters:
Gold is being fueled by inflation concerns, central bank policies, and investor demand for safe-haven assets. The next breakout could set the tone for the coming weeks.
💬 Will Gold pump or dump from here? Drop your predictions in the comments! 🔥👇
📌 Current Price: $2,913.80
📊 Market Bias: Still bullish, but key zones must hold for continuation.
🔥 Key Levels You NEED to Watch:
🔵 Major Resistance: $2,920 → A clean breakout could push price to $2,945 - $2,960.
🟢 Critical Support: $2,834 → If this level breaks, expect a drop to $2,800 - $2,760.
📈 Trendline Support: Gold is respecting an ascending trendline, keeping the bullish structure intact.
🎯 Trade Setups:
✅ Bullish Scenario: If Gold breaks $2,920, we could see a rapid move toward $2,945+.
❌ Bearish Scenario: If price loses $2,834, sellers may take control, driving price lower.
📌 Why This Matters:
Gold is being fueled by inflation concerns, central bank policies, and investor demand for safe-haven assets. The next breakout could set the tone for the coming weeks.
💬 Will Gold pump or dump from here? Drop your predictions in the comments! 🔥👇
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✅JOIN FREE SIGNALS t.me/frankfxforextrade
✅ MORE FREE SIGNALS t.me/frankfx223
✅FOR VIP DM: t.me/frankfx22
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ DERIV frankfxx.com/deriv
✅ MORE FREE SIGNALS t.me/frankfx223
✅FOR VIP DM: t.me/frankfx22
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ DERIV frankfxx.com/deriv
Related publications
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.