Gold Price Outlook
Gold is currently consolidating in the 3220–3230 range, forming a potential breakout zone. A 1HMcandle close above 3232 would likely signal a bullish breakout, opening the door for an upward move.
Bullish Scenario
A confirmed breakout above 3232 could push prices towards the first resistance zone at 3245.50, and potentially extend towards the next major resistance at 3280.40.
For a sustained bullish outlook, price must stabilize above the 3230 level.
Key Levels to Watch
Resistance: 3245 / 3280
Support: 3205 / 3190
Failure to break and hold above 3230 may lead to continued range-bound movement or a test of lower supports.
we need to support from you Guys Prace the Button and give like to my analysis and also share your idea in comments Thanks for Supporting.
Gold is currently consolidating in the 3220–3230 range, forming a potential breakout zone. A 1HMcandle close above 3232 would likely signal a bullish breakout, opening the door for an upward move.
Bullish Scenario
A confirmed breakout above 3232 could push prices towards the first resistance zone at 3245.50, and potentially extend towards the next major resistance at 3280.40.
For a sustained bullish outlook, price must stabilize above the 3230 level.
Key Levels to Watch
Resistance: 3245 / 3280
Support: 3205 / 3190
Failure to break and hold above 3230 may lead to continued range-bound movement or a test of lower supports.
we need to support from you Guys Prace the Button and give like to my analysis and also share your idea in comments Thanks for Supporting.
Trade closed: target reached
1st Target reached.
Note
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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.