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XAUUSD trading between key zones. Bullish above 3320 targeting 3352. Bearish below 3243 aiming for 3222. Waiting for breakout confirmation."
🔼 Bullish Scenario:
Resistance Areas:
R1: Around $3,300.16
R2: Around $3,320.76
Bullish Target: $3,352 (if both R1 and R2 break)
Note: Price must break above these resistance levels for bullish momentum to confirm.
🔽 Bearish Scenario:
Support Areas:
S1: Around $3,260.86
S2: Between $3,244.41 and $3,243.89
Bearish Target: $3,222 (if both S1 and S2 break)
Note: A break below the support zones would signal continued bearish pressure.
🎯 Trade Strategy Summary:
Bullish Bias if price breaks above $3,320.76 → Target: $3,352
Bearish Bias if price drops below $3,243.89 → Target: $3,222.
#Gold #TechnicalAnalysis
XAUUSD trading between key zones. Bullish above 3320 targeting 3352. Bearish below 3243 aiming for 3222. Waiting for breakout confirmation."
🔼 Bullish Scenario:
Resistance Areas:
R1: Around $3,300.16
R2: Around $3,320.76
Bullish Target: $3,352 (if both R1 and R2 break)
Note: Price must break above these resistance levels for bullish momentum to confirm.
🔽 Bearish Scenario:
Support Areas:
S1: Around $3,260.86
S2: Between $3,244.41 and $3,243.89
Bearish Target: $3,222 (if both S1 and S2 break)
Note: A break below the support zones would signal continued bearish pressure.
🎯 Trade Strategy Summary:
Bullish Bias if price breaks above $3,320.76 → Target: $3,352
Bearish Bias if price drops below $3,243.89 → Target: $3,222.
#Gold #TechnicalAnalysis
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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.
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.